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Managed Investment Entities - Selected financial information related to CLOs (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Gains (losses) on change in fair value of assets/liabilities:        
Assets $ 50 $ 7 $ 116 $ (297)
Liabilities (34) (12) (104) 272
Management fees paid to AFG 4 4 12 12
Variable interest entity, primary beneficiary        
Gains (losses) on change in fair value of assets/liabilities:        
CLO earnings (losses) attributable to AFG $ 12 $ 4 $ 18 $ (10)