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Segments of Operations - Earnings before income taxes by segment and sub-segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Segment Reporting Information [Line Items]      
Earnings before realized gains (losses) and income taxes $ 719 $ 766 $ 745
Realized gains (losses) on securities 5 19 (19)
Realized gains (losses) on subsidiaries 0 2 (161)
Earnings before income taxes 724 787 565
Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 242 236 225
Investment and other income, net [1] 349 341 351
Earnings before realized gains (losses) and income taxes 591 577 576
Annuity      
Segment Reporting Information [Line Items]      
Earnings before realized gains (losses) and income taxes 380 368 331
Run-off long-term care and life      
Segment Reporting Information [Line Items]      
Earnings before realized gains (losses) and income taxes [2] 6 2 14
Other      
Segment Reporting Information [Line Items]      
Earnings before realized gains (losses) and income taxes [3] (258) (181) (176)
Property and transportation | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 154 166 48
Specialty casualty | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 104 78 146
Specialty financial | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting 61 84 87
Other specialty | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting (2) 9 14
Other lines | Property and casualty insurance      
Segment Reporting Information [Line Items]      
Property and casualty insurance underwriting [4] $ (75) $ (101) $ (70)
[1] Includes income of $32 million (before noncontrolling interest) from the sale of an apartment property in 2016 and $66 million (before noncontrolling interest) from the sales of a hotel and an apartment property in 2015.
[2] AFG sold substantially all of its run-off long-term care insurance business in December 2015.
[3] Primarily holding company interest and expenses, including losses on retirement of debt of $51 million in 2017 and $4 million in 2015, and special charges to increase A&E reserves related to AFG’s former railroad and manufacturing operations ($24 million in 2017, $5 million in 2016 and $12 million in 2015).
[4] Includes special charges to increase asbestos and environmental (“A&E”) reserves of $89 million, $36 million and $67 million in 2017, 2016 and 2015, respectively. Also includes $18 million in favorable development related to the Neon exited lines recorded in connection with a reinsurance to close transaction in 2017 and a charge of $65 million related to Neon exited lines in 2016.