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Business Segments (Summary Of Company's Segment Results) (Detail) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Revenues $ 121 [1] $ 73 [2] $ 104 [3]
Net gains (losses) on financial instruments at fair value and foreign exchange (42) 4 45
Revenues of consolidated VIEs (37) (70) 5
Inter-segment revenues 0 [4] 0 [5] 0 [6]
Total revenues 42 [7] 7 [8] 154 [9]
Losses and loss adjustment 184 177 38
Compensation and benefits 44 61 44
Interest 208 210 179
Inter-segment expenses 0 0 0
Other segment items 47 [10] 43 [11] 41 [12]
Total expenses 483 491 302
Income (loss) from continuing operations before income taxes (441) (484) (148)
Total assets per reportable segment 2,157 2,533 3,295
Assets held for sale 11 73 80
Total assets 2,168 2,606 3,375
Operating Segments [Member] | US Public Finance Insurance [Member]      
Segment Reporting Information [Line Items]      
Revenues 72 [1] 51 [2] 53 [3]
Net gains (losses) on financial instruments at fair value and foreign exchange 1 8 (47)
Revenues of consolidated VIEs 0 0 0
Inter-segment revenues 26 [4] 27 [5] 29 [6]
Total revenues 99 [7] 86 [8] 35 [9]
Losses and loss adjustment 191 170 143
Compensation and benefits 0 0 0
Interest 0 0 0
Inter-segment expenses 32 33 34
Other segment items 14 [10] 14 [11] 18 [12]
Total expenses 237 217 195
Income (loss) from continuing operations before income taxes (138) (131) (160)
Total assets per reportable segment 1,549 1,742 2,491
Operating Segments [Member] | Corporate Operations [Member]      
Segment Reporting Information [Line Items]      
Revenues 28 [1] (11) [2] 13 [3]
Net gains (losses) on financial instruments at fair value and foreign exchange 14 8 99
Revenues of consolidated VIEs 0 0 0
Inter-segment revenues 54 [4] 54 [5] 55 [6]
Total revenues 96 [7] 51 [8] 167 [9]
Losses and loss adjustment 0 0 0
Compensation and benefits 44 61 44
Interest 72 76 76
Inter-segment expenses 0 0 0
Other segment items 17 [10] 16 [11] 14 [12]
Total expenses 133 153 134
Income (loss) from continuing operations before income taxes (37) (102) 33
Total assets per reportable segment 707 755 645
Operating Segments [Member] | International And Structured Finance Insurance [Member]      
Segment Reporting Information [Line Items]      
Revenues 21 [1] 33 [2] 39 [3]
Net gains (losses) on financial instruments at fair value and foreign exchange (57) (12) (7)
Revenues of consolidated VIEs (37) (70) 5
Inter-segment revenues 6 [4] 6 [5] 9 [6]
Total revenues (67) [7] (43) [8] 46 [9]
Losses and loss adjustment (7) 7 (105)
Compensation and benefits 0 0 0
Interest 159 158 127
Inter-segment expenses 18 17 17
Other segment items 29 [10] 25 [11] 28 [12]
Total expenses 199 207 67
Income (loss) from continuing operations before income taxes (266) (250) (21)
Total assets per reportable segment 834 974 1,132
Intersegment Elimination [Member]      
Segment Reporting Information [Line Items]      
Revenues 0 [1] 0 [2] (1) [3]
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0 0
Revenues of consolidated VIEs 0 0 0
Inter-segment revenues (86) [4] (87) [5] (93) [6]
Total revenues (86) [7] (87) [8] (94) [9]
Losses and loss adjustment 0 0 0
Compensation and benefits 0 0 0
Interest (23) (24) (24)
Inter-segment expenses (50) (50) (51)
Other segment items (13) [10] (12) [11] (19) [12]
Total expenses (86) (86) (94)
Income (loss) from continuing operations before income taxes 0 (1) 0
Total assets per reportable segment $ (933) [13] $ (938) [14] $ (973) [15]
[1] Consists primarily of net premiums earned, net investment income, net realized investment gains (losses), fees and reimbursements and other net realized gains (losses).
[2] Consists primarily of net premiums earned, net investment income, net realized investment gains (losses), fees and reimbursements and other net realized gains (losses).
[3] Consists primarily of net premiums earned, net investment income, net realized investment gains (losses), fees and reimbursements and other net realized gains (losses).
[4] Primarily represents intercompany service charges and intercompany net investment income.
[5] Primarily represents intercompany service charges and intercompany net investment income.
[6] Primarily represents intercompany service charges and intercompany net investment income.
[7] Includes net investment income of $67 million, $30 million, $11 million, and ($24) million for the U.S. Public Finance, Corporate, International and Structured Finance, and Eliminations segments, respectively.
[8] Includes net investment income of $93 million, $25 million, $23 million, and ($25) million for the U.S. Public Finance, Corporate, International and Structured Finance, and Eliminations segments, respectively.
[9] Includes net investment income of $81 million, $22 million, $17 million, and ($25) million for the U.S. Public Finance, Corporate, International and Structured Finance, and Eliminations segments, respectively.
[10] Other segment items for each reportable segment include:

a. U.S. Public Finance Insurance - amortization of DAC, professional service fees, occupancy costs and other operating expenses;

b. Corporate - professional service fees, occupancy costs and other operating expenses;

c. International and Structured Finance Insurance - expenses of consolidated VIEs, amortization of DAC, professional service fees and other operating expenses, and

d. Elimination - inter-segment amortization of DAC and inter-segment occupancy costs.
[11] Other segment items for each reportable segment include:

a. U.S. Public Finance Insurance - amortization of DAC, professional service fees, occupancy costs and other operating expenses;

b. Corporate - professional service fees, occupancy costs and other operating expenses;

c. International and Structured Finance Insurance - expenses of consolidated VIEs, amortization of DAC, professional service fees and other operating expenses, and

d. Elimination - inter-segment amortization of DAC and inter-segment occupancy costs.
[12] Other segment items for each reportable segment include:

a. U.S. Public Finance Insurance - amortization of DAC, professional service fees, occupancy costs and other operating expenses;

b. Corporate - professional service fees, occupancy costs and other operating expenses;

c. International and Structured Finance Insurance - expenses of consolidated VIEs, amortization of DAC, professional service fees and other operating expenses, and

d. Elimination - inter-segment amortization of DAC and inter-segment occupancy costs.
[13] Consists principally of intercompany reinsurance balances.
[14] Consists principally of intercompany reinsurance balances.
[15] Consists principally of intercompany reinsurance balances.