2012 Q4 Form 10-Q Financial Statement

#000119312512470880 Filed on November 14, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $171.7M $197.2M $25.72M
YoY Change -666.67% 666.66% -93.04%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $800.0K $800.0K $700.0K
YoY Change 0.0% 14.29% -30.0%
% of Gross Profit
Operating Expenses -$1.100M $14.60M -$15.40M
YoY Change -100.13% -194.81% -106.76%
Operating Profit
YoY Change
Interest Expense -$23.40M -$23.30M -$33.10M
YoY Change -29.31% -29.61% -42.33%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $145.4M $158.0M -$498.0K
YoY Change -115.09% -31834.94% -100.65%
Income Tax $2.100M $667.0K $75.01M
% Of Pretax Income 1.44% 0.42%
Net Earnings $143.6M $157.5M -$75.51M
YoY Change -114.91% -308.65% -199.35%
Net Earnings / Revenue 83.63% 79.91% -293.61%
Basic Earnings Per Share $0.52 -$0.25
Diluted Earnings Per Share $474.6K $0.52 -$0.25
COMMON SHARES
Basic Shares Outstanding 302.4M shares 302.5B shares 302.5B shares
Diluted Shares Outstanding 302.6B shares 302.5B shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $43.84M $90.07M $21.32M
Short-Term Investments
Other Short-Term Assets $178.0M $191.0M $229.0M
YoY Change -19.46% -16.59% -28.21%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $179.0M $201.0M $265.0M
YoY Change -30.89% -24.15% -22.51%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $24.17B $23.80B $23.45B
YoY Change 3.18% 1.51% -9.64%
Other Assets $2.000M $5.000M $45.00M
YoY Change -60.0% -88.89% 2150.0%
Total Long-Term Assets $26.91B $26.75B $27.36B
YoY Change 0.19% -2.25% -11.7%
TOTAL ASSETS
Total Short-Term Assets $179.0M $201.0M $265.0M
Total Long-Term Assets $26.91B $26.75B $27.36B
Total Assets $27.09B $26.95B $27.63B
YoY Change -0.1% -2.46% -11.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $232.0M $211.0M $142.0M
YoY Change 33.33% 48.59% 54.35%
Deferred Revenue
YoY Change
Short-Term Debt $531.0M $456.0M $457.0M
YoY Change 27.95% -0.22% -6.16%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.222B $1.195B $1.295B
YoY Change -0.89% -7.72% -14.8%
LONG-TERM LIABILITIES
Long-Term Debt $15.59B $15.26B $14.86B
YoY Change 7.4% 2.7% -22.44%
Other Long-Term Liabilities $4.029B $3.867B $3.653B
YoY Change 3.25% 5.86% 110.91%
Total Long-Term Liabilities $19.62B $19.13B $18.51B
YoY Change 6.52% 3.32% -11.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.222B $1.195B $1.295B
Total Long-Term Liabilities $19.62B $19.13B $18.51B
Total Liabilities $30.33B $30.44B $30.46B
YoY Change 0.23% -0.08% -8.25%
SHAREHOLDERS EQUITY
Retained Earnings -$6.297B -$6.441B
YoY Change 4.26%
Common Stock $3.080M $3.080M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $410.8M $410.8M
YoY Change -0.16%
Treasury Stock Shares 5.581M shares
Shareholders Equity -$3.908B -$4.149B -$2.835B
YoY Change
Total Liabilities & Shareholders Equity $27.09B $26.95B $27.63B
YoY Change -0.1% -2.46% -11.81%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $143.6M $157.5M -$75.51M
YoY Change -114.91% -308.65% -199.35%
Depreciation, Depletion And Amortization $800.0K $800.0K $700.0K
YoY Change 0.0% 14.29% -30.0%
Cash From Operating Activities -$215.7M -$433.6M -$8.700M
YoY Change 10.45% 4883.91% -104.62%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $229.0M $507.7M $14.00M
YoY Change 15.6% 3526.43% -113.59%
Cash From Investing Activities $229.0M $507.7M $14.00M
YoY Change 15.6% 3526.43% -113.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -59.50M -33.00M -1.400M
YoY Change 634.57% 2257.14% -98.07%
NET CHANGE
Cash From Operating Activities -215.7M -433.6M -8.700M
Cash From Investing Activities 229.0M 507.7M 14.00M
Cash From Financing Activities -59.50M -33.00M -1.400M
Net Change In Cash -46.20M 41.10M 3.900M
YoY Change 771.7% 953.85% -70.0%
FREE CASH FLOW
Cash From Operating Activities -$215.7M -$433.6M -$8.700M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2012Q3 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
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CY2012Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
183063000
CY2012Q3 us-gaap Notes Receivable Net
NotesReceivableNet
10380000
CY2012Q3 abk Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
522933000
CY2012Q3 abk Securities Continuous Unrealized Loss Position Fair Value
SecuritiesContinuousUnrealizedLossPositionFairValue
797397000
CY2012Q3 abk Gross Carrying Amount Of Other Intangible Assets
GrossCarryingAmountOfOtherIntangibleAssets
254163000
CY2012Q3 abk Subrogation Recoverable
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514084000
CY2012Q3 abk Other Short Term Investments Amortized Cost
OtherShortTermInvestmentsAmortizedCost
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CY2012Q3 abk Insurance Liabilities
InsuranceLiabilities
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CY2012Q3 abk Other Investments Unrealized Gain Loss
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CY2012Q3 abk Aggregate Payment To Repurchase Surplus Notes
AggregatePaymentToRepurchaseSurplusNotes
939179000
CY2012Q3 abk Amortized Cost On Investment
AmortizedCostOnInvestment
5886205000
CY2012Q3 abk Amount Of Surplus Notes That May Be Repurchased Under Stand Alone Derivatives
AmountOfSurplusNotesThatMayBeRepurchasedUnderStandAloneDerivatives
500000000
CY2012Q3 abk Assets Segment
AssetsSegment
26947892000
CY2012Q3 abk Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses By Closed Block Life Insurance
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2879000
CY2012Q3 abk Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses By Issuance By Large Diversified Financial Services
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3846
CY2012Q3 abk Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses Related To Alta
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23867000
CY2012Q3 abk Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses Related To Alta Number
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLossesRelatedToAltaNumber
17 Security
CY2012Q3 abk Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses Related To Alta Percentage
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLossesRelatedToAltaPercentage
0.999 pure
CY2012Q3 abk Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses Secured By Lease Payments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLossesSecuredByLeasePayments
30747000
CY2012Q3 abk Available For Sale Securities Pledged As Collateral Amortized Cost Basis
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CY2012Q3 abk Available For Sale Securities Pledged As Collateral Gross Unrealized Gain
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581000
CY2012Q3 abk Available For Sale Securities Pledged As Collateral Gross Unrealized Losses
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5000
CY2012Q3 abk Estimated Future Premium Payments Weighted Average Discounted Rate
EstimatedFuturePremiumPaymentsWeightedAverageDiscountedRate
0.070 pure
CY2012Q3 abk Fair Value Input Weighted Average Credit Derivative Quote As Percentage Of Notional
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0.10 pure
CY2012Q3 abk Fair Value Input Weighted Average Credit Rating
FairValueInputWeightedAverageCreditRating
A
CY2012Q3 abk Fair Value Input Weighted Average Life
FairValueInputWeightedAverageLife
P8Y1M6D
CY2012Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiability
13753133000
CY2012Q3 abk Fair Value Of Securities Deposited With Governmental Authorities
FairValueOfSecuritiesDepositedWithGovernmentalAuthorities
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CY2012Q3 abk Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized More Year Forty Five And Within Fifty Years From Balance Sheet Date
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686000
CY2012Q3 abk Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than Year Forty Five And Within Fifty Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanYearFortyFiveAndWithinFiftyYearsFromBalanceSheetDate
242000
CY2012Q3 abk Gross Unrealized Gains On Investment
GrossUnrealizedGainsOnInvestment
649251000
CY2012Q3 abk Gross Unrealized Loss On Investment
GrossUnrealizedLossOnInvestment
95339000
CY2012Q3 abk Intercompany Escrow
IntercompanyEscrow
30000000
CY2012Q3 abk Investment Other Than Available For Sale Securities Pledged As Collateral
InvestmentOtherThanAvailableForSaleSecuritiesPledgedAsCollateral
6154257000
CY2012Q3 abk Investment Other Than Available For Sale Securities Pledged As Collateral Amortized Cost Basis
InvestmentOtherThanAvailableForSaleSecuritiesPledgedAsCollateralAmortizedCostBasis
5600921000
CY2012Q3 abk Investment Other Than Available For Sale Securities Pledged As Collateral Gross Unrealized Gain
InvestmentOtherThanAvailableForSaleSecuritiesPledgedAsCollateralGrossUnrealizedGain
648670000
CY2012Q3 abk Investment Other Than Available For Sale Securities Pledged As Collateral Gross Unrealized Losses
InvestmentOtherThanAvailableForSaleSecuritiesPledgedAsCollateralGrossUnrealizedLosses
95334000
CY2012Q3 abk Liabilities Subject To Compromise Including Subsidiaries Liability
LiabilitiesSubjectToCompromiseIncludingSubsidiariesLiability
1707443000
CY2012Q3 abk Liabilities Subject To Compromise Payable To Non Debtor Subsidiaries
LiabilitiesSubjectToCompromisePayableToNonDebtorSubsidiaries
35000
CY2012Q3 abk Loss Reserves Ceded To Reinsurers
LossReservesCededToReinsurers
166269000
CY2012Q3 abk Non Credit Other Than Temporary Impairments On Investments
NonCreditOtherThanTemporaryImpairmentsOnInvestments
9463000
CY2012Q3 abk Number Of Samples
NumberOfSamples
44 Trial
CY2012Q3 abk Other Investments Amortized Cost Basis
OtherInvestmentsAmortizedCostBasis
100000
CY2012Q3 abk Parent Company Cash And Short Term Investments
ParentCompanyCashAndShortTermInvestments
31459000
CY2012Q3 abk Payment By Subsidiary To Internal Revenue Service Associated With Net Operating Loss Usage Tier C Under Amended Tax Sharing Agreement
PaymentBySubsidiaryToInternalRevenueServiceAssociatedWithNetOperatingLossUsageTierCUnderAmendedTaxSharingAgreement
0.125 pure
CY2012Q3 abk Payment By Subsidiary To Internal Revenue Service Associated With Net Operating Loss Usage Tier D Under Amended Tax Sharing Agreement
PaymentBySubsidiaryToInternalRevenueServiceAssociatedWithNetOperatingLossUsageTierDUnderAmendedTaxSharingAgreement
0.175 pure
CY2012Q3 abk Percentage Of Credit Value Adjustment
PercentageOfCreditValueAdjustment
0.65 pure
CY2012Q3 abk Premiums Receivable Not Written Off Related To Non Investment Grade Obligation
PremiumsReceivableNotWrittenOffRelatedToNonInvestmentGradeObligation
500000
CY2012Q3 abk Premiums Uncollectible Related To Non Investment Grade Obligation
PremiumsUncollectibleRelatedToNonInvestmentGradeObligation
15784000
CY2012Q3 abk Reduction In Tax Net Operating Losses On Credit Default Contracts
ReductionInTaxNetOperatingLossesOnCreditDefaultContracts
3400000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Discount On Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationDiscountOnGrossClaimLiability
2074770000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liabilities After Subrogation Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiabilitiesAfterSubrogationRecoveries
1202909000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liabilities Before Subrogation Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiabilitiesBeforeSubrogationRecoveries
3891776000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Gross Undiscounted Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossUndiscountedClaimLiability
12610749000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Discount On Other Subrogation
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityDiscountOnOtherSubrogation
26592000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Discount On Subrogation
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityDiscountOnSubrogation
28727000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Other Subrogation
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossOtherSubrogation
844902000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Subrogation
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2717594000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Other Subrogation
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818310000
CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Subrogation
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CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Reinsurance On Reductions Of Gross Claim Liability Subrogation
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CY2012Q3 abk Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Loss Adjustment Expenses Reserve
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CY2012Q3 abk Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses
80767000
CY2012Q3 abk Securities Held To Collateralize And Fund Repayment Of Debt Issued Through Resecuritization Transaction Fair Value
SecuritiesHeldToCollateralizeAndFundRepaymentOfDebtIssuedThroughResecuritizationTransactionFairValue
194172000
CY2012Q3 abk Settlement Agreement Surplus Notes Principal Amount Outstanding
SettlementAgreementSurplusNotesPrincipalAmountOutstanding
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CY2012Q3 abk Short Term Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses
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14572000
CY2012Q3 abk Short Term Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
ShortTermSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
274464000
CY2012Q3 abk Subrogation Recoverable Included In Loss And Loss Expense Reserves
SubrogationRecoverableIncludedInLossAndLossExpenseReserves
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CY2012Q3 abk Subrogation Recoveries Included In Subrogation Recoverable
SubrogationRecoveriesIncludedInSubrogationRecoverable
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CY2012Q3 abk Variable Interest Entity Nonconsolidated Carrying Amount Derivative Net Assets Or Liabilities
VariableInterestEntityNonconsolidatedCarryingAmountDerivativeNetAssetsOrLiabilities
177386000
CY2012Q3 abk Variable Interest Entity Nonconsolidated Carrying Amount Insurance Assets
VariableInterestEntityNonconsolidatedCarryingAmountInsuranceAssets
1968000000
CY2012Q3 abk Variable Interest Entity Nonconsolidated Carrying Amount Insurance Liabilities
VariableInterestEntityNonconsolidatedCarryingAmountInsuranceLiabilities
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CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2010Q4 us-gaap Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
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CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2010Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
4424450000
CY2010Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
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CY2010Q4 abk Amount Of Loss Carry Forward Relinquish By Which Loss Carry Forward Exceed
AmountOfLossCarryForwardRelinquishByWhichLossCarryForwardExceed
3400000000
CY2010Q4 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiability
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CY2011Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
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CY2011Q4 us-gaap Other Assets
OtherAssets
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CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
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CY2011Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
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CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
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CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2011Q4 us-gaap Liability Net For Claims And Claims Adjustment Expense Financial Guarantee Insurance Contracts
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CY2011Q4 us-gaap Accrued Income Taxes
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CY2011Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
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CY2011Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
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CY2011Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
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CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2011Q4 us-gaap Liabilities Subject To Compromise Debt And Accrued Interest
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CY2011Q4 us-gaap Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
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CY2011Q4 us-gaap Restricted Cash And Cash Equivalents
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CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2011Q4 us-gaap Assets
Assets
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CY2011Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
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CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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516538000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2011Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
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CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
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CY2011Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
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CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
45035585000
CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
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CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
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CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionClaimLiability
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CY2011Q4 us-gaap Minority Interest
MinorityInterest
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CY2011Q4 us-gaap Reserve For Losses And Loss Adjustment Expenses
ReserveForLossesAndLossAdjustmentExpenses
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CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
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CY2011Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
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CY2011Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
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CY2011Q4 us-gaap Derivative Credit Risk Valuation Adjustment Derivative Liabilities
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CY2011Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
159902000
CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
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CY2011Q4 us-gaap Borrowings Under Guaranteed Investment Agreements
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CY2011Q4 us-gaap Notional Amount Of Credit Risk Derivatives
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CY2011Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
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CY2011Q4 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
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CY2011Q4 us-gaap Investment Related Liabilities
InvestmentRelatedLiabilities
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CY2011Q4 us-gaap Equity Method Investments Fair Value Disclosure
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CY2011Q4 us-gaap Liabilities
Liabilities
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CY2011Q4 us-gaap Derivative Assets
DerivativeAssets
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CY2011Q4 us-gaap Investments
Investments
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CY2011Q4 us-gaap Long Term Debt
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CY2011Q4 us-gaap Other Liabilities
OtherLiabilities
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CY2011Q4 us-gaap Cash
Cash
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CY2011Q4 us-gaap Liabilities Subject To Compromise Other Liabilities
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CY2011Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
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CY2011Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
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CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
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CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
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CY2011Q4 us-gaap Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
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CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
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CY2011Q4 us-gaap Reinsurance Payable
ReinsurancePayable
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CY2011Q4 us-gaap Preferred Stock Value
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CY2011Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
190653000
CY2011Q4 us-gaap Other Investments
OtherInvestments
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CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Reinsurance Recoverable
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionReinsuranceRecoverable
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CY2011Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
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CY2011Q4 us-gaap Available For Sale Securities Pledged As Collateral
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CY2011Q4 us-gaap Other Receivables
OtherReceivables
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CY2011Q4 us-gaap Additional Paid In Capital
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CY2011Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
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CY2011Q4 us-gaap Other Short Term Investments
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CY2011Q4 us-gaap Unearned Premiums
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CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
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CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2011Q4 us-gaap Prepaid Reinsurance Premiums
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CY2011Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
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CY2011Q4 us-gaap Salvage And Subrogation Recoveries Value
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CY2011Q4 us-gaap Notes Receivable Net
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CY2011Q4 abk Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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516538000
CY2011Q4 abk Securities Continuous Unrealized Loss Position Fair Value
SecuritiesContinuousUnrealizedLossPositionFairValue
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CY2011Q4 abk Subrogation Recoverable
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CY2011Q4 abk Other Short Term Investments Amortized Cost
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CY2011Q4 abk Other Investments Unrealized Gain Loss
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CY2011Q4 abk Amortized Cost On Investment
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CY2011Q4 abk Available For Sale Securities Pledged As Collateral Amortized Cost Basis
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CY2011Q4 abk Available For Sale Securities Pledged As Collateral Gross Unrealized Gain
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CY2011Q4 abk Available For Sale Securities Pledged As Collateral Gross Unrealized Losses
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124000
CY2011Q4 abk Estimated Future Premium Payments Weighted Average Discounted Rate
EstimatedFuturePremiumPaymentsWeightedAverageDiscountedRate
0.084 pure
CY2011Q4 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability
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CY2011Q4 abk Fair Value Of Securities Deposited With Governmental Authorities
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CY2011Q4 abk Gross Unrealized Gains On Investment
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CY2011Q4 abk Gross Unrealized Loss On Investment
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CY2011Q4 abk Investment Other Than Available For Sale Securities Pledged As Collateral
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CY2011Q4 abk Investment Other Than Available For Sale Securities Pledged As Collateral Amortized Cost Basis
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CY2011Q4 abk Investment Other Than Available For Sale Securities Pledged As Collateral Gross Unrealized Gain
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CY2011Q4 abk Investment Other Than Available For Sale Securities Pledged As Collateral Gross Unrealized Losses
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CY2011Q4 abk Liabilities Subject To Compromise Including Subsidiaries Liability
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CY2011Q4 abk Liabilities Subject To Compromise Payable To Non Debtor Subsidiaries
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CY2011Q4 abk Loss Reserves Ceded To Reinsurers
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CY2011Q4 abk Non Credit Other Than Temporary Impairments On Investments
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CY2011Q4 abk Number Of Samples
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CY2011Q4 abk Percentage Of Credit Value Adjustment
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CY2011Q4 abk Schedule Of Insured Financial Obligations With Credit Deterioration Discount On Gross Claim Liability
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dei Document Type
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dei Current Fiscal Year End Date
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dei Trading Symbol
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us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Below is the loss reserve roll-forward, net of subrogation recoverable and reinsurance for the nine months ended September&#xA0;30, 2012 and the year ended December&#xA0;31, 2011:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="76%" align="center"> <tr> <td width="66%"></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> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Nine&#xA0;months</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Ended&#xA0; September&#xA0;30,</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>2012</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Year Ended</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>December&#xA0;31,</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>2011</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Beginning balance of net loss reserves, net of subrogation recoverable and reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">6,230,780</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,424,450</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Changes in the loss reserves due to:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Current year:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Establishment of new loss reserves, gross of subrogation and net of reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">239,294</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">503,697</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Claim payments, net of subrogation and reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(11,508</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(2,442</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Establishment of subrogation recoveries, net of reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(9,761</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 7em"><font style="FONT-FAMILY: Times New Roman" size="2">Total current year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">227,786</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">491,494</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Prior year:</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Change in previously established loss reserves, gross of subrogation and net of reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">487,037</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,683,831</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Claim payments, net of subrogation and reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(607,593</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(179,440</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Change in previously established subrogation recoveries, net of reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">15,861</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(324,151</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 7em"><font style="FONT-FAMILY: Times New Roman" size="2">Total prior year</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(104,695</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,180,240</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Changes in loss reserves</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">123,091</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,671,734</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Net deconsolidation of certain VIEs</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">134,596</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Ending loss reserves, net of subrogation recoverable and reinsurance</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">6,353,871</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">6,230,780</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> </div>
us-gaap Ceded Premiums Written Financial Guarantee Insurance Contracts
CededPremiumsWrittenFinancialGuaranteeInsuranceContracts
18055000
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-8146000
us-gaap Causes Of Increase Decrease In Liability For Unpaid Claims And Claims Adjustment Expense Amount
CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAmount
123091000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
302468502000 shares
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-336701000
us-gaap Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
P3Y6M
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
71997000
us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
4441000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-335544000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
930677000
us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
-113141000
us-gaap Loss Contingency Settlement Agreement Date
LossContingencySettlementAgreementDate
May 4, 2011
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
70549000
us-gaap Interest Expense Debt
InterestExpenseDebt
88962000
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
-5753000
us-gaap Revenues
Revenues
515337000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-413000
us-gaap Premiums Earned Net Financial Guarantee Insurance Contracts
PremiumsEarnedNetFinancialGuaranteeInsuranceContracts
311066000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
756000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
664000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
124008000
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
-8616000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3532000
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-21466000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2401000
us-gaap Revenue From Administrative Services Other
RevenueFromAdministrativeServicesOther
515337000
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
70621000
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
963000
us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Accretion Of Discount On Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable
38801000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
601228000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
62729000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-337980000
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
70621000
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
4933000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1670000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-177745000
us-gaap Premiums Written Net Financial Guarantee Insurance Contracts
PremiumsWrittenNetFinancialGuaranteeInsuranceContracts
157722000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-405600000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
55116000
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
4524000
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
912756000
abk Payments From Drawdowns Of Borrowings Under Guaranteed Investment Agreements
PaymentsFromDrawdownsOfBorrowingsUnderGuaranteedInvestmentAgreements
133123000
abk Premiums Written Gross
PremiumsWrittenGross
175777000
abk Other Than Temporary Impairment Losses
OtherThanTemporaryImpairmentLosses
14304000
abk Net Realized Investment Gains Losses
NetRealizedInvestmentGainsLosses
70621000
abk Realized Gains Losses And Other Settlements
RealizedGainsLossesAndOtherSettlements
9271000
abk Unrealized Gains Losses
UnrealizedGainsLosses
3532000
abk Portion Of Loss Recognized In Other Comprehensive Income
PortionOfLossRecognizedInOtherComprehensiveIncome
-8551000
abk Paydown Of Variable Interest Entity Secured Borrowing
PaydownOfVariableInterestEntitySecuredBorrowing
15132000
abk Interest Paid On Investment Agreements
InterestPaidOnInvestmentAgreements
6362000
abk Net Other Than Temporary Impairment Losses Recognized In Earnings
NetOtherThanTemporaryImpairmentLossesRecognizedInEarnings
-5753000
abk Income Loss From Continuing Operations Before Reorganization Items And Income Taxes
IncomeLossFromContinuingOperationsBeforeReorganizationItemsAndIncomeTaxes
-397419000
abk Weighted Average Amortization Period
WeightedAverageAmortizationPeriod
P28Y
abk Increase Decrease Variable Interest Entity Activities
IncreaseDecreaseVariableInterestEntityActivities
26893000
abk Income Loss On Variable Interest Entities
IncomeLossOnVariableInterestEntities
26893000
abk Loss Contingency Damages Sought Amount
LossContingencyDamagesSoughtAmount
800000000
abk Additional Adverse Sample Loans Reviewed Change In Subrogation
AdditionalAdverseSampleLoansReviewedChangeInSubrogation
abk Additional Transactions Reviewed Change In Subrogation
AdditionalTransactionsReviewedChangeInSubrogation
abk Adverse Loans Repurchased By Sponsor Change In Subrogation
AdverseLoansRepurchasedBySponsorChangeInSubrogation
35000
abk Amount Received Under Derivatives With Sponsored Special Purpose Entities
AmountReceivedUnderDerivativesWithSponsoredSpecialPurposeEntities
3387000
abk Available For Sale Securities Continuous Unrealized Loss Position Period Twelve Months Or Longer Aggregate Losses By Issuance By Large Diversified Financial Services
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionPeriodTwelveMonthsOrLongerAggregateLossesByIssuanceByLargeDiversifiedFinancialServices
P63M
abk Cash Payment To Settle Tax Years
CashPaymentToSettleTaxYears
2000000
abk Derivatives Credit Risk Valuation Adjustment Derivative Liabilities Other Than Credit Derivatives
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abk Direct And Assumed Premiums Written Financial Guarantee Insurance Contracts
DirectAndAssumedPremiumsWrittenFinancialGuaranteeInsuranceContracts
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abk Fair Value Asset Or Liability Measured On Recurring Basis Change In Unrealized Gains Losses Still Held
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abk Fair Value Measurement Process Description For Credit Derivatives Hypothetical Incremental Fee
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abk Fair Value Measurement Process Description For Credit Derivatives Hypothetical Incremental Fee With Credit Deterioration
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abk Fair Value Measurement Process Description For Credit Derivatives Remaining Life
FairValueMeasurementProcessDescriptionForCreditDerivativesRemainingLife
P8Y
abk Fair Value Measurement Process Description For Credit Derivatives Revised Relative Change Ratio
FairValueMeasurementProcessDescriptionForCreditDerivativesRevisedRelativeChangeRatio
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abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityGainLossIncludedInEarnings
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abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityGainLossIncludedInOtherComprehensiveIncomeLoss
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abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Issues
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abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilitySettlements
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abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Transfers Into Level Three
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityTransfersIntoLevelThree
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abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Transfers Out Of Level Three
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityTransfersOutOfLevelThree
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abk Forfeiture Amount Over Payment
ForfeitureAmountOverPayment
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abk Insurance Premium Earned Related To Sponsored Special Purpose Entities
InsurancePremiumEarnedRelatedToSponsoredSpecialPurposeEntities
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abk Interest Paid On Variable Interest Entity Secured Borrowing
InterestPaidOnVariableInterestEntitySecuredBorrowing
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abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Established Of Subrogation Recoveries Prior Year
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abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Loss Reserves Current Year
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abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Loss Reserves Prior Year
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abk Liability For Unpaid Claims And Claims Adjustment Expense Establishment Of New Loss Reserves Current Year
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abk Maximum Unsecured Claims
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abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Previously Established Loss Reserves Prior Year
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abk Profit Loss Before Tax From Unaffiliated Customer
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abk Net Change In Fair Value Of Credit Derivatives
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abk Net Par Exposure For Policies Allocated To Segregated Account
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abk Number Of Transaction Removed From Adverse Sample Subrogation Population
NumberOfTransactionRemovedFromAdverseSampleSubrogationPopulation
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abk Operating Tax Carryforward Expiration Year End
OperatingTaxCarryforwardExpirationYearEnd
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abk Operating Tax Carryforward Expiration Year Start
OperatingTaxCarryforwardExpirationYearStart
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abk Other Changes Subrogation
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abk Payment As Percentage Of Permitted Policy Claim
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abk Percentage Of Credit Derivative Gross Par Outstanding Using Internally Estimated Reference Obligation Prices In Determination Of Fair Value
PercentageOfCreditDerivativeGrossParOutstandingUsingInternallyEstimatedReferenceObligationPricesInDeterminationOfFairValue
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abk Percentage Of Credit Derivative Liability Using Internally Estimated Reference Obligation Prices In Determination Of Fair Value
PercentageOfCreditDerivativeLiabilityUsingInternallyEstimatedReferenceObligationPricesInDeterminationOfFairValue
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abk Percentage Of Credit Derivatives Gross Par Outstanding Using Third Party Reference Obligation Quotes In Determination Of Fair Value
PercentageOfCreditDerivativesGrossParOutstandingUsingThirdPartyReferenceObligationQuotesInDeterminationOfFairValue
0.83 pure
abk Percentage Of Credit Derivatives Liability Using Third Party Reference Obligation Quotes In Determination Of Fair Value
PercentageOfCreditDerivativesLiabilityUsingThirdPartyReferenceObligationQuotesInDeterminationOfFairValue
0.81 pure
abk Percentage Of Future Claim Payments In Cash
PercentageOfFutureClaimPaymentsInCash
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abk Percentage Of Future Claim Payments In Surplus Notes
PercentageOfFutureClaimPaymentsInSurplusNotes
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abk Percentage Of Payment Under Tier C
PercentageOfPaymentUnderTierC
0.125 pure
abk Percentage Of Payment Under Tier D
PercentageOfPaymentUnderTierD
0.175 pure
abk Percentage Of Premiums Receivable Related To Non Investment Grade Rmbs Transactions
PercentageOfPremiumsReceivableRelatedToNonInvestmentGradeRmbsTransactions
0.09 pure
abk Percentage Of Premiums Receivable Related To Student Loan Transactions
PercentageOfPremiumsReceivableRelatedToStudentLoanTransactions
0.11 pure
abk Percentage Premiums Receivable Related To Transactions With Non Investment Grade Internal Ratings
PercentagePremiumsReceivableRelatedToTransactionsWithNonInvestmentGradeInternalRatings
0.43 pure
abk Premiums Uncollectible And Written Off Related To Non Investment Grade Obligation
PremiumsUncollectibleAndWrittenOffRelatedToNonInvestmentGradeObligation
106714000
abk Professional Fees Paid Relating To Chapter Eleven Proceeding
ProfessionalFeesPaidRelatingToChapterElevenProceeding
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CY2011Q3 us-gaap Earnings Per Share Basic
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CY2011 us-gaap Financial Guarantee Insurance Contracts Premium Receivable Premium Payments Received
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CY2011 us-gaap Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Collection Period1
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1
P10Y
CY2011 us-gaap Causes Of Increase Decrease In Liability For Unpaid Claims And Claims Adjustment Expense Amount
CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAmount
1671734000
CY2011 us-gaap Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
P4Y1M6D
CY2011 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Accretion Of Discount On Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable
62841000
CY2011Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2011Q3 us-gaap Profit Loss
ProfitLoss
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CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2011Q3 us-gaap Other Underwriting Expense
OtherUnderwritingExpense
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CY2010 abk Payment Of Consideration Under Settlement Agreement Principal Amount
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CY2010 abk Accrued Interest Rate Percentage
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0.045 pure
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears
179440000
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear
2442000
CY2011 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Change In Period Of Contract
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract
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CY2011Q3 us-gaap Other Income
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CY2011Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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abk Weighted Average Rating Of Assets Held By Sponsored Special Purpose Entities
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no longer than 90 days
abk Insurance Liabilities Not Assumed By Entity Assurance
InsuranceLiabilitiesNotAssumedByEntityAssurance
296018000
abk Amounts Recovered On Previously Paid Claims Related To Sponsored Special Purpose Entities
AmountsRecoveredOnPreviouslyPaidClaimsRelatedToSponsoredSpecialPurposeEntities
14691000
CY2011Q2 abk Potential Reduction In Net Operating Loss
PotentialReductionInNetOperatingLoss
807244000
CY2010 abk Debt Instrument Maturity Year
DebtInstrumentMaturityYear
2050
CY2011 us-gaap Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate
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CY2011 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Other Adjustments
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments
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CY2011 us-gaap Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
P13Y
CY2011 abk Derivatives Credit Risk Valuation Adjustment Derivative Liabilities Other Than Credit Derivatives
DerivativesCreditRiskValuationAdjustmentDerivativeLiabilitiesOtherThanCreditDerivatives
166868000
CY2011 abk Financial Guarantee Insurance Contracts Premium Receivable Consolidation Of Certain Variable Interest Entity
FinancialGuaranteeInsuranceContractsPremiumReceivableConsolidationOfCertainVariableInterestEntity
104736000
CY2011 abk Financial Guarantee Insurance Contracts Premium Receivable Deconsolidation Of Certain Variable Interest Entity
FinancialGuaranteeInsuranceContractsPremiumReceivableDeconsolidationOfCertainVariableInterestEntity
87978000
CY2011 abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Deconsolidation
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseChangeInDeconsolidation
134596000
CY2011 abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Established Of Subrogation Recoveries Prior Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseChangeInEstablishedOfSubrogationRecoveriesPriorYear
324151000
CY2011 abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Loss Reserves Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseChangeInLossReservesCurrentYear
491494000
CY2011 abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Loss Reserves Prior Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseChangeInLossReservesPriorYear
1180240000
CY2011 abk Liability For Unpaid Claims And Claims Adjustment Expense Change In Previously Established Loss Reserves Prior Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseChangeInPreviouslyEstablishedLossReservesPriorYear
1683831000
CY2011 abk Liability For Unpaid Claims And Claims Adjustment Expense Establishment Of New Loss Reserves Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseEstablishmentOfNewLossReservesCurrentYear
503697000
CY2011 abk Liability For Unpaid Claims And Claims Adjustment Expense Establishment Of Subrogation Recoveries Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseEstablishmentOfSubrogationRecoveriesCurrentYear
9761000
CY2011 abk Percentage Of Premiums Receivable Related To Non Investment Grade Rmbs Transactions
PercentageOfPremiumsReceivableRelatedToNonInvestmentGradeRmbsTransactions
0.12 pure
CY2011 abk Percentage Of Premiums Receivable Related To Student Loan Transactions
PercentageOfPremiumsReceivableRelatedToStudentLoanTransactions
0.11 pure
CY2011 abk Percentage Premiums Receivable Related To Transactions With Non Investment Grade Internal Ratings
PercentagePremiumsReceivableRelatedToTransactionsWithNonInvestmentGradeInternalRatings
0.43 pure
CY2011 abk Premiums Uncollectible And Written Off Related To Non Investment Grade Obligation
PremiumsUncollectibleAndWrittenOffRelatedToNonInvestmentGradeObligation
90930000
CY2011Q3 us-gaap Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount
FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount
18835000
CY2011Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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0
CY2011Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2011Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Instruments Classified In Shareholders Equity Gain Loss Included In Earnings
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-1119000
CY2011Q3 us-gaap Incurred Claims Financial Guarantee Insurance Contracts
IncurredClaimsFinancialGuaranteeInsuranceContracts
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CY2011Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims
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CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2011Q3 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
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1892000
CY2011Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
102055000
CY2011Q3 us-gaap Contractual Interest Expense On Prepetition Liabilities Not Recognized In Statement Of Operations
ContractualInterestExpenseOnPrepetitionLiabilitiesNotRecognizedInStatementOfOperations
26878000
CY2011Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
4505000
CY2011Q3 us-gaap Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Pension Cost Net Of Tax
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-14000
CY2011Q3 us-gaap Debtor Reorganization Items Other Expense Income
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13000
CY2011Q3 us-gaap Reorganization Items
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8519000
CY2011Q3 us-gaap Dilutive Securities
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CY2011Q3 us-gaap Net Income Loss
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CY2011Q3 us-gaap Net Investment Income
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CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2011Q3 us-gaap Ceded Premiums Written Financial Guarantee Insurance Contracts
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CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2011Q3 us-gaap Available For Sale Securities Gross Realized Gains
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4085000
CY2011Q3 us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
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8506000
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2011Q3 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
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CY2011Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
33074000
CY2011Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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-10887000
CY2011Q3 us-gaap Revenues
Revenues
25717000
CY2011Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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1494000
CY2011Q3 us-gaap Premiums Earned Net Financial Guarantee Insurance Contracts
PremiumsEarnedNetFinancialGuaranteeInsuranceContracts
102055000
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75011000
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2011Q3 us-gaap Revenue From Administrative Services Other
RevenueFromAdministrativeServicesOther
25717000
CY2011Q3 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
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5084000
CY2011Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5708000
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2011Q3 us-gaap Premiums Written Net Financial Guarantee Insurance Contracts
PremiumsWrittenNetFinancialGuaranteeInsuranceContracts
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CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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0
CY2011Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
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CY2011Q3 us-gaap Available For Sale Securities Gross Realized Losses
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495000
CY2011Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
17696000
CY2011Q3 abk Premiums Written Gross
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CY2011Q3 abk Other Than Temporary Impairment Losses
OtherThanTemporaryImpairmentLosses
19671000
CY2011Q3 abk Net Realized Investment Gains Losses
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5084000
CY2011Q3 abk Net Other Than Temporary Impairment Losses Recognized In Earnings
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CY2011Q3 abk Income Loss From Continuing Operations Before Reorganization Items And Income Taxes
IncomeLossFromContinuingOperationsBeforeReorganizationItemsAndIncomeTaxes
8021000
CY2011Q3 abk Realized Gains Losses And Other Settlements
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3829000
CY2011Q3 abk Unrealized Gains Losses
UnrealizedGainsLosses
676000
CY2011Q3 abk Portion Of Loss Recognized In Other Comprehensive Income
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CY2011Q3 abk Income Loss On Variable Interest Entities
IncomeLossOnVariableInterestEntities
55008000
CY2011Q3 abk Amount Received Under Derivatives With Sponsored Special Purpose Entities
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CY2011Q3 abk Direct And Assumed Premiums Written Financial Guarantee Insurance Contracts
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CY2011Q3 abk Fair Value Asset Or Liability Measured On Recurring Basis Change In Unrealized Gains Losses Still Held
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162300000
CY2011Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityGainLossIncludedInEarnings
139373000
CY2011Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Gain Loss Included In Other Comprehensive Income Loss
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CY2011Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Issues
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CY2011Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Settlements
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52002000
CY2011Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Transfers Into Level Three
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CY2011Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Transfers Out Of Level Three
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityTransfersOutOfLevelThree
-40754000
CY2011Q3 abk Insurance Premium Earned Related To Sponsored Special Purpose Entities
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180000
CY2011Q3 abk Net Change In Fair Value Of Credit Derivatives
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4505000
CY2011Q3 abk Profit Loss Before Tax From Unaffiliated Customer
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CY2011Q3 abk Amounts Recovered On Previously Paid Claims Related To Sponsored Special Purpose Entities
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5417000
CY2012Q3 us-gaap Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount
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34381000
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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0
CY2012Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-5709000
CY2012Q3 us-gaap Profit Loss
ProfitLoss
157373000
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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33347000
CY2012Q3 us-gaap Other Income
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CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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1686000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
158040000
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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117000
CY2012Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Instruments Classified In Shareholders Equity Gain Loss Included In Earnings
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-771000
CY2012Q3 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
5502000
CY2012Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
113074000
CY2012Q3 us-gaap Contractual Interest Expense On Prepetition Liabilities Not Recognized In Statement Of Operations
ContractualInterestExpenseOnPrepetitionLiabilitiesNotRecognizedInStatementOfOperations
20428000
CY2012Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
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27440000
CY2012Q3 us-gaap Debtor Reorganization Items Other Expense Income
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13000
CY2012Q3 us-gaap Reorganization Items
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CY2012Q3 us-gaap Incurred Claims Financial Guarantee Insurance Contracts
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CY2012Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims
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-18745000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
110493000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2012Q3 us-gaap Dilutive Securities
DilutiveSecurities
0
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2012Q3 us-gaap Net Investment Income
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84078000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2012Q3 us-gaap Ceded Premiums Written Financial Guarantee Insurance Contracts
CededPremiumsWrittenFinancialGuaranteeInsuranceContracts
2082000
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
302582276000 shares
CY2012Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
3492000
CY2012Q3 us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
1239000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
267920000
CY2012Q3 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
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-36007000
CY2012Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
23268000
CY2012Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
-354000
CY2012Q3 us-gaap Revenues
Revenues
197162000
CY2012Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-258000
CY2012Q3 us-gaap Premiums Earned Net Financial Guarantee Insurance Contracts
PremiumsEarnedNetFinancialGuaranteeInsuranceContracts
113074000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
667000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
108446000
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-171000
CY2012Q3 us-gaap Revenue From Administrative Services Other
RevenueFromAdministrativeServicesOther
197162000
CY2012Q3 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
3162000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
267866000
CY2012Q3 us-gaap Premiums Written Net Financial Guarantee Insurance Contracts
PremiumsWrittenNetFinancialGuaranteeInsuranceContracts
53228000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-361000
CY2012Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
72000
CY2012Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
37870000
CY2012Q3 abk Premiums Written Gross
PremiumsWrittenGross
55310000
CY2012Q3 abk Other Than Temporary Impairment Losses
OtherThanTemporaryImpairmentLosses
2501000
CY2012Q3 abk Net Realized Investment Gains Losses
NetRealizedInvestmentGainsLosses
3162000
CY2012Q3 abk Net Other Than Temporary Impairment Losses Recognized In Earnings
NetOtherThanTemporaryImpairmentLossesRecognizedInEarnings
-354000
CY2012Q3 abk Income Loss From Continuing Operations Before Reorganization Items And Income Taxes
IncomeLossFromContinuingOperationsBeforeReorganizationItemsAndIncomeTaxes
159292000
CY2012Q3 abk Realized Gains Losses And Other Settlements
RealizedGainsLossesAndOtherSettlements
2944000
CY2012Q3 abk Unrealized Gains Losses
UnrealizedGainsLosses
24496000
CY2012Q3 abk Portion Of Loss Recognized In Other Comprehensive Income
PortionOfLossRecognizedInOtherComprehensiveIncome
-2147000
CY2012Q3 abk Income Loss On Variable Interest Entities
IncomeLossOnVariableInterestEntities
6137000
CY2012Q3 abk Amount Received Under Derivatives With Sponsored Special Purpose Entities
AmountReceivedUnderDerivativesWithSponsoredSpecialPurposeEntities
360000
CY2012Q3 abk Direct And Assumed Premiums Written Financial Guarantee Insurance Contracts
DirectAndAssumedPremiumsWrittenFinancialGuaranteeInsuranceContracts
55310000
CY2012Q3 abk Fair Value Asset Or Liability Measured On Recurring Basis Change In Unrealized Gains Losses Still Held
FairValueAssetOrLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainsLossesStillHeld
363599000
CY2012Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityGainLossIncludedInEarnings
367070000
CY2012Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityGainLossIncludedInOtherComprehensiveIncomeLoss
386830000
CY2012Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityIssues
CY2012Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilitySettlements
50728000
CY2012Q3 abk Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Or Liability Transfers Into Level Three
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOrLiabilityTransfersIntoLevelThree
-576272000
CY2012Q3 abk Insurance Premium Earned Related To Sponsored Special Purpose Entities
InsurancePremiumEarnedRelatedToSponsoredSpecialPurposeEntities
87000
CY2012Q3 abk Net Change In Fair Value Of Credit Derivatives
NetChangeInFairValueOfCreditDerivatives
27440000
CY2012Q3 abk Profit Loss Before Tax From Unaffiliated Customer
ProfitLossBeforeTaxFromUnaffiliatedCustomer
158040000
CY2012Q3 abk Amounts Recovered On Previously Paid Claims Related To Sponsored Special Purpose Entities
AmountsRecoveredOnPreviouslyPaidClaimsRelatedToSponsoredSpecialPurposeEntities
4846000

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