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Condensed Financial Information of Parent Company - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities:      
Net earnings $ 887 $ 852 $ 898
Adjustments:      
Net cash provided by operating activities 1,152 1,970 1,153
Investing Activities:      
Payments to acquire subsidiaries (9) (234) (10)
Net cash provided by (used in) investing activities 95 414 (1,051)
Financing Activities:      
Reductions of long-term debt 0 (21) (477)
Issuances of Common Stock 17 15 16
Repurchases of Common Stock 0 (213) (11)
Cash dividends paid on Common Stock (788) (684) (1,213)
Net cash used in financing activities (1,066) (2,031) (1,361)
Cash and cash equivalents, period increase (decrease) 181 353 (1,259)
Cash and cash equivalents at beginning of year 1,225    
Cash and cash equivalents at end of year 1,406 1,225  
AFG      
Operating Activities:      
Net earnings 887 852 898
Adjustments:      
Equity in net earnings of subsidiaries (1,030) (967) (1,030)
Dividends from subsidiaries 812 896 539
Other operating activities, net 43 (62) (80)
Net cash provided by operating activities 712 719 327
Investing Activities:      
Capital contributions to subsidiaries (36) (180) (26)
Returns of capital from subsidiaries 30 7 29
Purchases of investments, property and equipment (55) (35) (223)
Proceeds from maturities and redemptions of investments 129 255 556
Sales of investments, property and equipment 4 178 656
Net cash provided by (used in) investing activities 72 225 992
Financing Activities:      
Reductions of long-term debt 0 (21) (477)
Issuances of Common Stock 19 17 18
Repurchases of Common Stock 0 (213) (11)
Cash dividends paid on Common Stock (788) (684) (1,213)
Net cash used in financing activities (769) (901) (1,683)
Cash and cash equivalents, period increase (decrease) 15 43 (364)
Cash and cash equivalents at beginning of year 268 225 589
Cash and cash equivalents at end of year $ 283 $ 268 $ 225