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Insurance - Narrative (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Insurance [Line Items]      
Carrying value of cash and securities owned by U.S.-based insurance subsidiaries on deposit $ 1,120    
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 $ 9 $ 8  
Pretax COVID-19 related losses   16 $ 115
Amortization of deferred policy acquisition costs 641 580 615
Dividends on common stock 1,220 2,380 336
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 $ 887    
Catastrophe Bonds      
Insurance [Line Items]      
Catastrophe reinsurance coverage, excess retention percentage 94.00%    
Reinsurance, excess retention, amount reinsured, per event $ 325    
Reinsurance, amount retained, per event 125    
Catastrophe reinsurance coverage, annual cost 16    
Neon exited lines charge      
Insurance [Line Items]      
Prior year claims and claims adjustment expense 0 0 19
Other      
Insurance [Line Items]      
Prior year claims and claims adjustment expense (285) (279) (193)
Other | COVID-19      
Insurance [Line Items]      
Prior year claims and claims adjustment expense $ (19) $ (19)  
Property and casualty insurance | Other lines      
Insurance [Line Items]      
Special A&E charges     47
Neon Capital Limited | Property and casualty insurance | Other lines      
Insurance [Line Items]      
Pretax COVID-19 related losses     $ 20