XML 36 R43.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements (Details 4) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Dec. 31, 2013
Financial assets:        
Cash and cash equivalents $ 1,212us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,343us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,876us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,639us-gaap_CashAndCashEquivalentsAtCarryingValue
Mortgage loans 1,091us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet 1,117us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet    
Policy loans 226us-gaap_LoansInsurancePolicy 228us-gaap_LoansInsurancePolicy    
Financial liabilities:        
Long-term debt 1,061us-gaap_LongTermDebt 1,061us-gaap_LongTermDebt    
Level 1 [Member]        
Financial assets:        
Cash and cash equivalents 1,212us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
1,343us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Mortgage loans 0us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Policy loans 0us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Total financial assets not accounted for at fair value 1,212afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
1,343afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Financial liabilities:        
Annuity benefits accumulated 0afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
[1] 0afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
[1]    
Long-term debt 0us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Total financial liabilities not accounted for at fair value 0afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Level 2 [Member]        
Financial assets:        
Cash and cash equivalents 0us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Mortgage loans 0us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Policy loans 0us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Total financial assets not accounted for at fair value 0afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Financial liabilities:        
Annuity benefits accumulated 0afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
[1] 0afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
[1]    
Long-term debt 1,123us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
1,106us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Total financial liabilities not accounted for at fair value 1,123afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
1,106afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Level 3 [Member]        
Financial assets:        
Cash and cash equivalents 0us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
0us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Mortgage loans 1,100us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
1,124us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Policy loans 226us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
228us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Total financial assets not accounted for at fair value 1,326afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
1,352afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Financial liabilities:        
Annuity benefits accumulated 23,966afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
[1] 23,187afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
[1]    
Long-term debt 74us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
74us-gaap_LongTermDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Total financial liabilities not accounted for at fair value 24,040afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
23,261afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Carrying Value [Member]        
Financial assets:        
Cash and cash equivalents 1,212us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
1,343us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
   
Mortgage loans 1,091us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
1,117us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
   
Policy loans 226us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
228us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
   
Total financial assets not accounted for at fair value 2,529afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
2,688afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
   
Financial liabilities:        
Annuity benefits accumulated 24,209afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
[1] 23,561afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
[1]    
Long-term debt 1,061us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
1,061us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
   
Total financial liabilities not accounted for at fair value 25,270afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
24,622afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
   
Fair Value [Member]        
Financial assets:        
Cash and cash equivalents 1,212us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
1,343us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
   
Mortgage loans 1,100us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
1,124us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
   
Policy loans 226us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
228us-gaap_LoansInsurancePolicy
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
   
Total financial assets not accounted for at fair value 2,538afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
2,695afg_FinancialAssetsNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
   
Financial liabilities:        
Annuity benefits accumulated 23,966afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
[1] 23,187afg_AnnuityBenefitsAccumulatedExcludingLifeContingentAnnuities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
[1]    
Long-term debt 1,197us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
1,180us-gaap_LongTermDebt
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
   
Total financial liabilities not accounted for at fair value $ 25,163afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
$ 24,367afg_FinancialLiabilitiesNotAccountedForAtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
   
[1] Excludes life contingent annuities in the payout phase.