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Insurance - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Sep. 30, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Insurance [Line Items]              
Carrying value of cash and securities owned by U.S.-based insurance subsidiaries on deposit $ 1,000       $ 1,000    
Carrying value of cash and securities owned by insurance subsidiaries on deposit in support of underwriting activities at Lloyd's 215       215    
Undrawn letters of credit 332       332    
Undrawn letters of credit, collateralized 0       $ 0    
Workers' compensation insurance discount rate         4.50% 4.50%  
Workers' compensation insurance discount, which has reduced the liability for unpaid losses and loss adjustment expenses 16       $ 16 $ 18  
Long-term care insurance reserves, net of reinsurance recoverables 37       37 34  
Investment in Federal Home Loan Bank capital stock 44       44    
Proceeds received under funding agreements with the Federal Home Loan Bank 200       150    
Advances from Federal Home Loan Bank 935       $ 935    
Description of variable rate basis         LIBOR    
Repayments of advances from Federal Home Loan Bank due in year two 285       $ 285    
Repayments of advances from Federal Home Loan Bank due in year four 500       500    
Repayments of advances from Federal Home Loan Bank due in year five 150       150    
Fair value of mortgage-backed securities held as collateral by the Federal Home Loan Bank 1,080       1,080    
Interest on advances from Federal Home Loan Bank         8 3 $ 1
Maximum amount of dividends available to be paid by insurance subsidiaries to AFG without prior approval of regulatory authorities 693       693    
Dividends on Common Stock         (187) (178) (169)
Aggregate guaranteed minimum death benefit value on variable annuity polices in force 20       20 27  
Minimum              
Insurance [Line Items]              
Dividends payments without violating the most restrictive debt covenants, minimum 1,000       $ 1,000    
Minimum | LIBOR              
Insurance [Line Items]              
FHLB advances, basis spread on variable rate         0.03%    
Maximum | LIBOR              
Insurance [Line Items]              
FHLB advances, basis spread on variable rate         0.53%    
Average | LIBOR              
Insurance [Line Items]              
FHLB advances, basis spread on variable rate         1.18%    
Catastrophe Bonds              
Insurance [Line Items]              
Catastrophe reinsurance coverage, annual cost         $ 5    
Life insurance              
Insurance [Line Items]              
Life insurance in force, ceded premiums 10,220       10,220 11,190  
Life insurance in force, direct premiums $ 13,490       13,490 14,670  
Life written premiums ceded         31 40 41
Reinsurance recoveries         41 50 59
Variable annuities | Maximum              
Insurance [Line Items]              
Death benefits paid in excess of the variable annuity account balances (are less than in 2014, 2015 and 2016)         1 1 1
Property and casualty insurance | Other lines              
Insurance [Line Items]              
Special charges related to the exit of certain lines of business within subsidiaries     $ 65        
Special charges to increase asbestos and environmental reserves   $ 36   $ 67 $ 36 $ 67 $ 24
Property and casualty insurance | Other lines | Increased insurance loss reserves related to medical malpractice and general liability lines              
Insurance [Line Items]              
Special charges related to the exit of certain lines of business within subsidiaries     $ 57