XML 110 R95.htm IDEA: XBRL DOCUMENT v2.4.0.8
Insurance (Details Textual) (USD $)
3 Months Ended 12 Months Ended 12 Months Ended 3 Months Ended 0 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2011
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Minimum [Member]
Dec. 31, 2013
Minimum [Member]
LIBOR [Member]
Dec. 31, 2013
Maximum [Member]
LIBOR [Member]
Dec. 31, 2013
Average [Member]
LIBOR [Member]
Sep. 30, 2013
Property and Casualty Insurance [Member]
Sep. 30, 2012
Property and Casualty Insurance [Member]
Jun. 30, 2011
Property and Casualty Insurance [Member]
Dec. 31, 2013
Life insurance [Member]
Dec. 31, 2012
Life insurance [Member]
Dec. 31, 2013
Life insurance [Member]
Dec. 31, 2012
Life insurance [Member]
Dec. 31, 2011
Life insurance [Member]
Dec. 31, 2012
Run-off Long-term Care and Life [Member]
Dec. 31, 2013
Run-off Long-term Care and Life [Member]
Insurance [Line Items]                                      
Carrying value of securities owned by U.S.-based insurance subsidiaries on deposit     $ 1,100,000,000                                
Undrawn letters of credit     189,000,000                                
Undrawn letters of credit, collateralized     16,000,000                                
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     20,000,000 22,000,000                              
Special charges to increase asbestos and environmental reserves                   54,000,000 31,000,000 50,000,000              
Pretax charge on closed block of long-term care insurance                                   153,000,000 0
Long-term care insurance reserves, net of reinsurance recoverables     726,000,000                                
Investment in Federal Home Loan Bank capital stock     34,000,000                                
Proceeds received under funding agreements with the Federal Home Loan Bank 200,000,000 240,000,000                                  
Advances from Federal Home Loan Bank     440,000,000                                
FHLB advances, basis spread on variable rate             0.02% 0.23% 0.32%                    
Description of variable rate basis     LIBOR                                
Estimated fair value of commercial mortgage-backed securities held as collateral by the Federal Home Loan Bank     565,000,000                                
Interest on advances from Federal Home Loan Bank (are less than in 2011 and 2012)     1,000,000 1,000,000 1,000,000                            
Maximum amount of dividends available to be paid by insurance subsidiaries to AFG without prior approval of regulatory authorities     610,000,000                                
Dividends on Common Stock     (161,000,000) (91,000,000) (69,000,000)                            
Dividends payments without violating the most restrictive debt covenants, minimum           1,000,000,000                          
Life insurance in force, ceded premiums                         13,430,000,000 14,540,000,000          
Life insurance in force, direct premiums                         17,980,000,000 19,440,000,000          
Life written premiums ceded                             44,000,000 42,000,000 44,000,000    
Aggregate guaranteed minimum death benefit value on variable annuity polices in force     26,000,000 40,000,000                              
Death benefits paid in excess of the variable annuity account balances (are less than in 2011, 2012 and 2013)     $ 1,000,000 $ 1,000,000 $ 1,000,000