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Managed Investment Entities - Selected financial information related to CLOs (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Gains (losses) on change in fair value of assets/liabilities:        
Assets $ 32 $ (247) $ 66 $ (304)
Liabilities (32) 232 (70) 284
Management fees paid to AFG 4 4 8 8
Variable interest entity, primary beneficiary        
Gains (losses) on change in fair value of assets/liabilities:        
CLO earnings (losses) attributable to AFG $ 5 $ (12) $ 6 $ (14)