XML 66 R54.htm IDEA: XBRL DOCUMENT v3.19.2
Investments - Schedule of sources of net investment income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net Investment Income [Line Items]        
Investment income $ 586 $ 535 $ 1,134 $ 1,035
Investment expenses (6) (5) (12) (10)
Net investment income 580 530 1,122 1,025
Fixed maturities        
Net Investment Income [Line Items]        
Investment income 478 431 947 843
Equity in earnings of partnerships and similar investments        
Net Investment Income [Line Items]        
Investment income 45 41 66 87
Other        
Net Investment Income [Line Items]        
Investment income 34 28 59 51
Accounting Standards Update 2016-01 | Equity securities        
Net Investment Income [Line Items]        
Investment income [1] 7 15 18 14
Investment income | Equity securities        
Net Investment Income [Line Items]        
Investment income $ 22 $ 20 $ 44 $ 40
[1]
Although the change in the fair value of the majority of AFG’s equity securities is recorded in realized gains (losses) on securities, AFG records holding gains and losses in net investment income on equity securities classified as “trading” under previous guidance and on a small portfolio of limited partnership and similar investments that do not qualify for the equity method of accounting.