Company: AFGC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001042046-25-000024
Chunk: 66

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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 $492 million and $457 million as of June 30, 2025 and December 31, 2024, respectively.

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

The following table shows gross unrealized losses (dollars in millions) on available for sale fixed maturities by investment category and length of time that individual securities have been in a continuous unrealized loss position at the following balance sheet dates.Less Than Twelve MonthsTwelve Months or MoreUnrealizedLossFairValueFair Value as% of CostUnrealizedLossFairValueFair Value as% of CostJune 30, 2025Fixed maturities:U.S. government and government agencies$— $30 100%$(1)$84 99%States, municipalities and political subdivisions(5)129 96%(43)469 92%Foreign government— — —%— 49 100%Residential MBS(1)192 99%(127)903 88%Collateralized loan obligations— 58 100%(8)204 96%Other asset-backed securities(1)298 100%(46)973 95%Corporate and other(4)258 98%(34)972 97%Total fixed maturities$(11)$965 99%$(259)$3,654 93%December 31, 2024Fixed maturities:U.S. government and government agencies$— $35 100%$(3)$105 97%States, municipalities and political subdivisions(5)256 98%(44)470 91%Foreign government— 98 100%(1)50 98%Residential MBS(6)452 99%(148)916 86%Collateralized loan obligations— — —%(12)247 95%Other asset-backed securities(4)332 99%(65)1,217 95%Corporate and other(10)605 98%(55)1,151 95%Total fixed maturities$(25)$1,778 99%$(328)$4,156 93%At June 30, 2025, the gross unrealized losses on fixed matur