Company: AFGC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001042046-25-000024
Chunk: 81

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 81
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 2025 and 2024 allowance for expected credit losses on recoverables from reinsurers and premiums receivable are shown below (in millions):Recoverables from ReinsurersPremiums Receivable2025202420252024Balance at March 31$10 $10 $18 $15 Provision (credit) for expected credit losses(1)— 1 4 Write-offs charged against the allowance— — — (1)Balance at June 30$9 $10 $19 $18 Balance at December 31$11 $10 $19 $15 Provision (credit) for expected credit losses(2)— — 4 Write-offs charged against the allowance— — — (1)Balance at June 30$9 $10 $19 $18 

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Table of ContentsAMERICAN FINANCIAL GROUP, INC. 10-Q

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

INDEX TO MD&APagePageForward-Looking Statements32Results of Operations43Overview33General43Critical Accounting Policies33Results of Operations — Second Quarter44Liquidity and Capital Resources34Segmented Statement of Earnings44Ratios34Property and Casualty Insurance45Condensed Consolidated Cash Flows34Holding Company, Other and Unallocated53Parent and Subsidiary Liquidity35Results of Operations — First Six Months55Investments36Segmented Statement of Earnings55Uncertainties39Property and Casualty Insurance56Managed Investment Entities40Holding Company, Other and Unallocated64Recent Accounting Standards65

FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. Some of the forward-looking statements can be identified by the use of words such as “anticipates”, “believes”, “expects”, “projects”, “estimates”, “intends”, “plans”, “seeks”, “could”, “may”, “should”, “will” or the negative version of those words or other comparable terminology. Such forward-looking statements include statements relating to: expectations concerning market and other conditions and their effect on future premiums, revenues, earnings, investment activities and the amount and timing of share repurchases and special dividends; recoverability of asset values; expected losses and the adequacy of reserves for asbestos, environmental pollution and mass tort claims; rate changes; and improved