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Segments of Operations - Earnings before income taxes by segment and sub-segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Segment Reporting Information [Line Items]      
Earnings before realized gains (losses) and income taxes $ 905 $ 719 $ 766
Realized gains (losses) on securities (266) 5 19
Realized gains on subsidiaries 0 0 2
Earnings before income taxes 639 724 787
Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 302 242 236
Investment and other income, net [1] 407 349 341
Earnings before realized gains (losses) and income taxes 709 591 577
Annuity      
Segment Reporting Information [Line Items]      
Earnings before realized gains (losses) and income taxes 361 380 368
Other      
Segment Reporting Information [Line Items]      
Earnings before realized gains (losses) and income taxes [2] (165) (252) (179)
Property and transportation | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 120 154 166
Specialty casualty | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 141 104 78
Specialty financial | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 66 61 84
Other specialty | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting (5) (2) 9
Other lines | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting [3] $ (20) $ (75) $ (101)
[1] Includes income of $32 million (before noncontrolling interest) from the sale of an apartment property in 2016.
[2] Primarily holding company interest and expenses, including losses on retirement of debt of $51 million in 2017 and special charges to increase A&E reserves related to AFG’s former railroad and manufacturing operations ($9 million in 2018, $24 million in 2017 and $5 million in 2016).
[3] Includes special charges to increase asbestos and environmental (“A&E”) reserves of $18 million, $89 million and $36 million in 2018, 2017 and 2016, respectively. Also includes $18 million in favorable development related to the Neon exited lines recorded in connection with a reinsurance to close transaction in 2017 and a charge of $65 million related to Neon exited lines in 2016.