v3.26.1
Contracts Accounted for as Financial Guaranty Insurance - Gross Premium Receivable Net of Commissions on Assumed Business Roll Forward (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Gross Premium Receivable Net of Ceding Commissions [Roll Forward]    
Beginning of year $ 1,572 $ 1,551
Less: Specialty insurance premium receivable 2 1
Financial guaranty insurance premiums receivable 1,570 1,550
New business and supplemental premiums, net of commissions 153 124
Gross premiums received, net of commissions (180) (154)
Adjustments:    
Changes in the expected term and debt service assumptions (6) (7)
Accretion of discount, net of commissions on assumed business 11 17
Foreign exchange gain (loss) on remeasurement (23) 101
Change in allowance for credit losses (4) (1)
Financial guaranty insurance premiums receivable 1,521 1,630
Specialty insurance premium receivable 2 1
Ending balance $ 1,523 $ 1,631