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Insurance - Narrative (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Insurance [Line Items]      
Carrying value of cash and securities owned by U.S.-based insurance subsidiaries on deposit $ 1,230    
Workers' compensation insurance discount rate 3.50% 3.50%  
Workers' compensation insurance discount, which has reduced the liability for unpaid losses and loss adjustment expenses $ 8 $ 9  
Pretax COVID-19 related losses 16 115  
Amortization of deferred policy acquisition costs 580 615 $ 721
Dividends on common stock 2,380 336 446
Dividends payments without violating the most restrictive debt covenants, minimum 1,000    
Maximum      
Insurance [Line Items]      
Maximum amount of dividends available to be paid by insurance subsidiaries to AFG without prior approval of regulatory authorities $ 843    
Maximum | Allowance for reinsurance recoverables      
Insurance [Line Items]      
Net expense reduction against the allowance for losses on reinsurance recoverables     1
Catastrophe Bonds      
Insurance [Line Items]      
Catastrophe reinsurance coverage, excess retention percentage 94.00%    
Catastrophe reinsurance coverage, excess retention amount $ 325    
Catastrophe reinsurance coverage, retention amount 125    
Catastrophe reinsurance coverage, annual cost 16    
Neon exited lines charge      
Insurance [Line Items]      
Prior year claims and claims adjustment expense 0 19 7
Other      
Insurance [Line Items]      
Prior year claims and claims adjustment expense (279) (193) (168)
Other | COVID-19      
Insurance [Line Items]      
Prior year claims and claims adjustment expense $ 19    
Property and casualty insurance | Other lines      
Insurance [Line Items]      
Special A&E charges   47 $ 18
Neon Capital Limited | Property and casualty insurance | Other lines      
Insurance [Line Items]      
Pretax COVID-19 related losses   $ 20