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Segments of Operations (Details 1) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Operating earnings before income taxes by significant business segment and sub-segment        
Realized gains (losses) on securities $ 85 $ 8 $ 145 $ 27
Realized gains (losses) on subsidiaries 156    155 (3)
Operating earnings before income taxes 285 156 567 318
Property and Casualty Insurance [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Property and casualty insurance underwriting income (loss) (16) 58 77 92
Investment and other income, net 58 65 174 205
Realized gains 44 15 88 47
Operating earnings before income taxes 86 138 339 344
Annuity and Supplemental Insurance [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Operations 81 [1] 47 [1] 224 [1] 157 [1]
Realized gains (losses) on securities 41 (8) 57 (22)
Realized gains (losses) on subsidiaries 156    155 (2)
Operating earnings before income taxes 278 39 436 133
Other Segment [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Operating earnings before income taxes (79) [2] (21) [2] (208) [2] (159) [2]
Specialty Property and transportation [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Property and casualty insurance underwriting income (loss)    5 33 38
Specialty casualty [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Property and casualty insurance underwriting income (loss) 8 20 45 38
Specialty financial [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Property and casualty insurance underwriting income (loss) 1 24 28 52
Specialty Other [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Property and casualty insurance underwriting income (loss) 7 9 10 14
Other Lines [Member]
       
Operating earnings before income taxes by significant business segment and sub-segment        
Property and casualty insurance underwriting income (loss) $ (32) [3]    [3] $ (39) [3] $ (50) [3]
[1] Includes earnings from the Medicare supplement and critical illness operations, which were sold in August 2012, of $10 million and $11 million for the third quarter and $28 million and $21 million for the first nine months of 2012 and 2011, respectively.
[2] Includes holding company expenses and earnings (losses) of managed investment entities attributable to noncontrolling interests of ($18) million and $8 million for the third quarter and ($64) million and ($47) million for the first nine months of 2012 and 2011, respectively. Holding company expenses for the third quarter of 2012 include an $8 million loss on retirement of debt and a $15 million charge for a labor matter related to AFG’s former railroad operations.
[3] Includes third quarter 2012 and second quarter 2011 special charges of $31 million and $50 million, respectively, to increase asbestos and environmental reserves.