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Acquisitions and Sale of Businesses (Details) - USD ($)
$ in Millions
9 Months Ended
Apr. 01, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Business Acquisition [Line Items]        
Total purchase price   $ 0 $ 267  
Allocation of excess purchase price:        
Goodwill   $ 201   $ 201
Summit Holding Southeast, Inc [Member]        
Business Acquisition [Line Items]        
Total purchase price $ 259      
Tangible assets acquired:        
Cash and cash equivalents 1,078      
Fixed maturities, available for sale 92      
Recoverables from reinsurers 116      
Agents’ balances and premiums receivable 41      
Deferred tax assets, net [1] 67      
Other receivables 21      
Other assets 11      
Total tangible assets acquired 1,426      
Liabilities acquired:        
Unpaid losses and loss adjustment expenses 1,142      
Unearned premiums 3      
Payable to reinsurers 3      
Other liabilities 66      
Total liabilities acquired 1,214      
Net tangible assets acquired, at fair value 212      
Excess purchase price over net tangible assets acquired 47      
Allocation of excess purchase price:        
Intangible assets acquired [2] 47      
Deferred tax on intangible assets acquired [1] (16)      
Goodwill $ 16      
[1] AFG’s net deferred tax assets are included in Other assets in AFG’s Consolidated Balance Sheet at September 30, 2015.
[2] Included in Other assets in AFG’s Consolidated Balance Sheet.