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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2012
Long-Term Debt [Abstract]  
Schedule of long-term debt instruments
                 
    March 31,
2012
    December 31,
2011
 
   

Direct obligations of AFG:

               

9-7/8% Senior Notes due June 2019

  $ 350     $ 350  

7% Senior Notes due September 2050

    132       132  

7-1/8% Senior Debentures due February 2034

    115       115  

Other

    3       3  
   

 

 

   

 

 

 
      600       600  
   

 

 

   

 

 

 

Subsidiaries:

               

Obligations of AAG Holding (guaranteed by AFG):

               

7-1/2% Senior Debentures due November 2033

    112       112  

7-1/4% Senior Debentures due January 2034

    86       86  

Notes payable secured by real estate due 2012 through 2016

    64       64  

Secured borrowings ($16 and $17 guaranteed by AFG)

    27       30  

National Interstate bank credit facility

    22       22  
   

 

 

   

 

 

 
      311       314  
   

 

 

   

 

 

 

Payable to Subsidiary Trusts:

               

AAG Holding Variable Rate Subordinated Debentures due May 2033

    20       20  
   

 

 

   

 

 

 
    $ 931     $ 934  
   

 

 

   

 

 

 
Summary of secured and unsecured long-term debt
                 
    March 31,
2012
    December 31,
2011
 
   

Unsecured obligations

  $ 840     $ 840  

Obligations secured by real estate

    64       64  

Other secured borrowings

    27       30  
   

 

 

   

 

 

 
    $ 931     $ 934