Company: AFGC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001042046-25-000011
Chunk: 65

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-02-25
Form: 10-K
Item: Item 9C
Chunk 65
---
 allocated LAE represents additional reserves held on claims counted in the tables provided for the other sub-segments (above).(b)Represents the cumulative percentage paid of incurred claims and allocated LAE (net of reinsurance, as estimated at December 31, 2024).

F-41

Table of ContentsAMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — CONTINUED

Total Specialty Group(Dollars in Millions)Incurred Claims and Allocated LAE, Net of ReinsuranceAs of December 31, 2024For the Years Ended (2015–2023 is Supplementary Information and Unaudited)Total IBNR Plus Expected Development on Reported ClaimsCumulative Number of Reported ClaimsAccident Year20152016201720182019202020212022202320242015$2,114 $2,047 $2,041 $2,038 $2,022 $2,013 $2,003 $1,998 $1,991 $2,009 $50 231,366 20162,117 2,083 2,082 2,060 2,034 2,004 1,986 1,974 1,970 68 223,427 20172,375 2,348 2,329 2,301 2,269 2,256 2,266 2,283 107 247,358 20182,507 2,516 2,499 2,439 2,452 2,449 2,451 165 237,209 20192,721 2,674 2,672 2,632 2,642 2,657 220 256,368 20202,748 2,635 2,546 2,500 2,512 288 206,650 20212,861 2,754 2,689 2,669 467 208,142 20223,270 3,205 3,204 698 221,140 20233,631 3,580 1,121 230,821 20243,825 1,775 232,071 Total$27,160 Cumulative Paid Claims and Allocated LAE, Net of ReinsuranceAccident YearFor the Years Ended (2015–