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Consolidated Statement of Earnings (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues:    
Property and casualty insurance net earned premiums $ 946us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 754us-gaap_PremiumsEarnedNetPropertyAndCasualty
Life, accident and health net earned premiums 25afg_LifeAccidentAndHealthPremiums 28afg_LifeAccidentAndHealthPremiums
Net investment income 388us-gaap_NetInvestmentIncome 361us-gaap_NetInvestmentIncome
Realized gains (losses) on:    
Securities 19us-gaap_MarketableSecuritiesRealizedGainLoss 19us-gaap_MarketableSecuritiesRealizedGainLoss
Subsidiaries (162)afg_RealizedGainsLossesOnSubsidiaries 0afg_RealizedGainsLossesOnSubsidiaries
Income (loss) of managed investment entities:    
Investment income 34afg_InvestmentIncomeOfManagedInvestmentEntities 28afg_InvestmentIncomeOfManagedInvestmentEntities
Gain (loss) on change in fair value of assets/liabilities (3)afg_LossOnChangeInFairValueOfAssetsAndLiabilitiesOfManagedInvestmentEntities 0afg_LossOnChangeInFairValueOfAssetsAndLiabilitiesOfManagedInvestmentEntities
Other income 47us-gaap_OtherIncome 21us-gaap_OtherIncome
Total revenues 1,294us-gaap_Revenues 1,211us-gaap_Revenues
Costs and Expenses:    
Losses and loss adjustment expenses 576us-gaap_IncurredClaimsPropertyCasualtyAndLiability 429us-gaap_IncurredClaimsPropertyCasualtyAndLiability
Commissions and other underwriting expenses 313afg_PropertyAndCasualtyCommissionsAndOtherUnderwritingExpenses 267afg_PropertyAndCasualtyCommissionsAndOtherUnderwritingExpenses
Annuity benefits 184afg_AnnuityBenefits 168afg_AnnuityBenefits
Life, accident and health benefits 32afg_LifeAccidentAndHealthBenefits 43afg_LifeAccidentAndHealthBenefits
Annuity and supplemental insurance acquisition expenses 38afg_AnnuityAndSupplementalInsuranceAcquisitionExpenses 35afg_AnnuityAndSupplementalInsuranceAcquisitionExpenses
Interest charges on borrowed money 20us-gaap_InterestExpense 18us-gaap_InterestExpense
Expenses of managed investment entities 24afg_ExpensesOfManagedInvestmentEntities 20afg_ExpensesOfManagedInvestmentEntities
Other expenses 77us-gaap_OtherCostAndExpenseOperating 70us-gaap_OtherCostAndExpenseOperating
Total costs and expenses 1,264us-gaap_BenefitsLossesAndExpenses 1,050us-gaap_BenefitsLossesAndExpenses
Earnings before income taxes 30us-gaap_OperatingIncomeLoss 161us-gaap_OperatingIncomeLoss
Provision for income taxes 5us-gaap_IncomeTaxExpenseBenefit 54us-gaap_IncomeTaxExpenseBenefit
Net earnings, including noncontrolling interests 25us-gaap_ProfitLoss 107us-gaap_ProfitLoss
Less: Net earnings attributable to noncontrolling interests 6us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 4us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Earnings Attributable to Shareholders 19us-gaap_NetIncomeLoss 103us-gaap_NetIncomeLoss
Earnings Attributable to Shareholders per Common Share:    
Basic (USD per share) $ 0.22us-gaap_EarningsPerShareBasic $ 1.15us-gaap_EarningsPerShareBasic
Diluted (USD per share) $ 0.21us-gaap_EarningsPerShareDiluted $ 1.13us-gaap_EarningsPerShareDiluted
Average number of Common Shares:    
Basic (shares) 87.6us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 89.6us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (shares) 89.4us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 91.6us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends per Common Share (USD per share) $ 0.25us-gaap_CommonStockDividendsPerShareDeclared $ 0.22us-gaap_CommonStockDividendsPerShareDeclared
Supplemental disclosure of Realized gains on securities:    
Realized gains before impairments 23us-gaap_MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments 20us-gaap_MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
Losses on securities with impairment (4)us-gaap_ImpairmentOfInvestments (1)us-gaap_ImpairmentOfInvestments
Non-credit portion recognized in other comprehensive income (loss) 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
Impairment charges recognized in earnings (4)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities (1)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
Total realized gains on securities $ 19us-gaap_MarketableSecuritiesRealizedGainLoss $ 19us-gaap_MarketableSecuritiesRealizedGainLoss