Company: AFGC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001042046-25-000035
Chunk: 5

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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)Change in:Reinsurance and other receivables(2,272)(2,470)Other assets14 (1)Insurance claims and reserves1,765 1,988 Payable to reinsurers386 434 Other liabilities173 (18)Managed investment entities’ assets/liabilities104 (67)Other operating activities, net(15)(45)Net cash provided by operating activities749 478 Investing Activities:Purchases of:Fixed maturities(1,493)(1,349)Equity securities(20)(141)Mortgage loans(279)(141)Other investments(171)(143)Real estate, property and equipment(99)(100)Businesses(7)— Proceeds from:Maturities and redemptions of fixed maturities1,636 1,451 Repayments of mortgage loans94 17 Sales of fixed maturities78 116 Sales of equity securities83 158 Sales of other investments38 25 Sales of real estate, property and equipment2 25 Cash and cash equivalents of businesses acquired3 — Managed investment entities:Purchases of investments(1,577)(1,383)Proceeds from sales and redemptions of investments1,640 1,587 Other investing activities, net1 (6)Net cash provided by (used in) investing activities(71)116 Financing Activities:Additional long-term borrowings344 — Issuances of Common Stock9 13 Repurchases of Common Stock(98)— Cash dividends paid on Common Stock(367)(385)Issuances of managed investment entities’ liabilities2,454 1,773 Retirements of managed investment entities’ liabilities(2,584)(1,898)Net cash used in financing activities(242)(497)Net Change in Cash and Cash Equivalents436 97 Cash and cash equivalents at beginning of period1,406 1,225 Cash and cash equivalents at end of period$1,842 $1,322 

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Table of ContentsAMERICAN FINANCIAL GROUP, INC. 10-QNOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

INDEX TO NOTESA.Accounting PoliciesH.Goodwill and Other IntangiblesB.Acquisition of BusinessI.Long-Term DebtC.S