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Managed Investment Entities - Selected financial information related to CLOs (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Gains (losses) on change in fair value of assets/liabilities:      
Assets $ (75) $ (2) $ 144
Liabilities 49 6 (117)
Management fees paid to AFG 11 13 16
Variable interest entity, primary beneficiary      
Gains (losses) on change in fair value of assets/liabilities:      
CLO earnings attributable to AFG $ 5 $ 33 $ 27