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Insurance - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Insurance [Line Items]                        
Carrying value of cash and securities owned by U.S.-based insurance subsidiaries on deposit $ 1,120                 $ 1,120    
Undrawn letters of credit 308                 308    
Undrawn letters of credit, collateralized 0                 $ 0    
Workers' compensation insurance discount rate                   3.50% 4.50%  
Workers' compensation insurance discount, which has reduced the liability for unpaid losses and loss adjustment expenses 9       $ 12         $ 9 $ 12  
Pretax COVID-19 related losses     $ 105 $ 10           115    
Prior year claims and claims adjustment expense 8 $ 0 $ 77 $ 42 45 $ 12 $ 41 $ 45   127 143  
Long-term care insurance reserves, net of reinsurance recoverables 52       46         52 46  
Dividends on common stock                   (336) (446) $ (397)
Dividends payments without violating the most restrictive debt covenants, minimum 2,000                 2,000    
Catastrophe reinsurance coverage, excess retention amount                   50    
Catastrophe reinsurance coverage, retention amount                   100    
Ceded annuity receipts                   492 0 0
Ceded annuity surrenders, benefits and withdrawals                   206 0 0
Aggregate guaranteed minimum death benefit value on variable annuity polices in force 11       13         11 13  
Retained Earnings                        
Insurance [Line Items]                        
Dividends on common stock                   (336) (446) (397)
Allowance for reinsurance recoverables                        
Insurance [Line Items]                        
Net expense reduction against the allowance for losses on reinsurance recoverables                       2
Maximum                        
Insurance [Line Items]                        
Maximum amount of dividends available to be paid by insurance subsidiaries to AFG without prior approval of regulatory authorities 705                 $ 705    
Maximum | Allowance for reinsurance recoverables                        
Insurance [Line Items]                        
Net expense reduction against the allowance for losses on reinsurance recoverables                     1  
Catastrophe Bonds                        
Insurance [Line Items]                        
Catastrophe reinsurance coverage, excess retention percentage                   95.00%    
Catastrophe reinsurance coverage, excess retention amount                   $ 200    
Catastrophe reinsurance coverage, retention amount                   109    
Catastrophe reinsurance coverage, annual cost                   11    
Life insurance                        
Insurance [Line Items]                        
Life insurance in force, ceded premiums 5,420       6,230         5,420 6,230  
Life insurance in force, direct premiums 8,330       9,530         8,330 9,530  
Reinsurance ceded                   19 20 22
Reinsurance recoveries                   28 32 38
Variable annuities | Maximum                        
Insurance [Line Items]                        
Death benefits paid in excess of the variable annuity account balances                   1 1 1
Neon exited lines charge                        
Insurance [Line Items]                        
Prior year claims and claims adjustment expense                   19 7 0
Property and casualty insurance | Other lines                        
Insurance [Line Items]                        
Special A&E charges   $ 47       $ 18       47 18 18
Neon Capital Limited | Property and casualty insurance | Other lines                        
Insurance [Line Items]                        
Pretax COVID-19 related losses                 $ 20 20    
Great American Life Insurance Company                        
Insurance [Line Items]                        
Investment in Federal Home Loan Bank capital stock 56                 56    
Proceeds advanced from Federal Home Loan                   200    
Repayments of advances from Federal Home Loan Bank                   165    
Advances from Federal Home Loan Bank 1,130       1,100         1,130 1,100  
Repayments of advances from Federal Home Loan Bank due in next twelve months 931                 931    
Repayments of advances from Federal Home Loan Bank due in year five 200                 200    
Fair value of fixed maturity investments held as collateral by the Federal Home Loan Bank $ 1,370                 1,370    
Interest on advances from Federal Home Loan Bank                   $ 11 27 $ 20
Quota share coinsurance percentage                   0.50    
Inforce Annuity Business, Ceded, Percent of Total Inforce 15.00%                      
Deferred Loss on Ceded Reserves $ 180                      
Amortization of deferred loss on reinsurance 11                      
Ceded annuity receipts                   $ 492    
Ceded annuity surrenders, benefits and withdrawals                   206    
Commission and expense allowances received from reinsurance contracts                   39    
Amount of annuity benefits expense reduction from reinsurance contracts                   $ 46    
Great American Life Insurance Company | Block Reinsurance                        
Insurance [Line Items]                        
Ceded Inforce Annuity Business $ 5,960                      
Great American Life Insurance Company | Minimum                        
Insurance [Line Items]                        
Interest rates on Federal Home Loan Bank advances 0.31%                 0.31%    
Expected Life of Ceded Reserves 7 years                      
Great American Life Insurance Company | Maximum                        
Insurance [Line Items]                        
Interest rates on Federal Home Loan Bank advances 1.35%                 1.35%    
Expected Life of Ceded Reserves 10 years                      
Great American Life Insurance Company | Average                        
Insurance [Line Items]                        
Interest rates on Federal Home Loan Bank advances 0.53%                 0.53%    
Great American Life Insurance Company | FHLB, advances, refinanced terms                        
Insurance [Line Items]                        
Advances from Federal Home Loan Bank         $ 610           610  
Great American Life Insurance Company | Life insurance                        
Insurance [Line Items]                        
Increases in statutory surplus from reinsurance treaty                   $ 139 $ 124