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Income Taxes - Reconciliation of income taxes at the statutory rate to the provision for income taxes (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Effective Income Tax Rate Reconciliation, Amount [Abstract]    
Earnings before income taxes (“EBT”) $ 223 $ 156
Income taxes at statutory rate 78 55
Effect of tax exempt interest (6) (7)
Effect of stock-based compensation (6) 0
Effect of change in valuation allowance (2) 1
Effect of subsidiaries not in AFG's tax return 0 1
Effect of other income tax reconciliation 4 2
Provision for income taxes as shown on the Statement of Earnings $ 68 $ 52
Effective Income Tax Rate Reconciliation, Percent [Abstract]    
Income taxes at statutory rate as a percentage of EBT 35.00% 35.00%
Effect of tax exempt interest as a percentage of EBT (3.00%) (4.00%)
Effect of stock-based compensation as a percentage of EBT (3.00%) 0.00%
Effect of change in valuation allowance as a percentage of EBT (1.00%) 1.00%
Effect of subsidiaries not in AFG's tax return as a percentage of EBT 0.00% 0.00%
Effect of other income tax reconciliation as a percentage of EBT 2.00% 1.00%
Provision for income taxes as shown on the Statement of Earnings as a percentage of EBT 30.00% 33.00%