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Redeemable Noncontrolling Interests
3 Months Ended
Mar. 31, 2018
Noncontrolling Interest [Abstract]  
Redeemable Noncontrolling Interests
Redeemable Noncontrolling Interests

Neon Lloyd’s Business   On December 29, 2017, AFG completed the sale of an indirect noncontrolling interest in Neon, its United Kingdom-based Lloyd’s insurer, to certain Neon executives for cash equal to the fair value of the interest sold as determined by a third-party valuation firm. This noncontrolling interest is redeemable at the option of the holder and is presented separately in the mezzanine section of the balance sheet, as discussed in Note A — Accounting Policies — Noncontrolling Interests.”