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Segments of Operations - Earnings before income taxes by segment and sub-segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Segment Reporting Information [Line Items]        
Earnings before realized gains (losses) and income taxes $ 197 $ 150 $ 417 $ 324
Realized gains (losses) on securities 8 (16) 11 (34)
Realized gains on subsidiaries 0 2 0 2
Earnings before income taxes 205 136 428 292
Property and Casualty Insurance        
Segment Reporting Information [Line Items]        
Property and casualty insurance underwriting 72 (3) 150 84
Investment and other income, net [1] 91 115 184 190
Earnings before realized gains (losses) and income taxes 163 112 334 274
Annuity        
Segment Reporting Information [Line Items]        
Earnings before realized gains (losses) and income taxes 85 76 181 129
Run-off Long-term Care and Life        
Segment Reporting Information [Line Items]        
Earnings before realized gains (losses) and income taxes 2 0 2 (1)
Other        
Segment Reporting Information [Line Items]        
Earnings before realized gains (losses) and income taxes [2] (53) (38) (100) (78)
Specialty Property and transportation | Property and Casualty Insurance        
Segment Reporting Information [Line Items]        
Property and casualty insurance underwriting 21 15 64 47
Specialty casualty | Property and Casualty Insurance        
Segment Reporting Information [Line Items]        
Property and casualty insurance underwriting 29 23 44 52
Specialty financial | Property and Casualty Insurance        
Segment Reporting Information [Line Items]        
Property and casualty insurance underwriting 23 22 45 45
Other specialty | Property and Casualty Insurance        
Segment Reporting Information [Line Items]        
Property and casualty insurance underwriting 0 3 (1) 5
Other lines | Property and Casualty Insurance        
Segment Reporting Information [Line Items]        
Property and casualty insurance underwriting [3] $ (1) $ (66) $ (2) $ (65)
[1] Includes pretax income of $13 million (before noncontrolling interest) from the sale of a hotel in the first quarter of 2017 and pretax income of $32 million (before noncontrolling interest) from the sale of an apartment property in the second quarter of 2016.
[2] Includes holding company interest and expenses, including a $7 million loss on retirement of debt in the second quarter of 2017.
[3] Includes a $65 million special charge related to the exit of certain lines of business with AFG’s Lloyd’s-based insurer, Neon, in the second quarter of 2016.