Company: AFGC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001042046-25-000011
Chunk: 60

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-02-25
Form: 10-K
Item: Item 9C
Chunk 60
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 of ContentsAMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — CONTINUED

Specialty casualty(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$1,081 $1,043 $1,041 $1,042 $1,024 $1,021 $1,015 $1,007 $1,002 $1,019 $45 58,641 20161,131 1,122 1,116 1,101 1,090 1,069 1,046 1,036 1,035 57 56,831 20171,211 1,221 1,204 1,189 1,162 1,139 1,139 1,149 88 57,492 20181,277 1,307 1,302 1,262 1,269 1,264 1,263 137 59,615 20191,308 1,311 1,322 1,280 1,284 1,286 178 60,028 20201,352 1,329 1,258 1,232 1,232 225 54,632 20211,384 1,389 1,342 1,319 349 56,929 20221,475 1,503 1,516 497 59,184 20231,648 1,670 764 62,764 20241,685 1,067 55,113 Total$13,174 Cumulative Paid Claims and Allocated LAE, Net of ReinsuranceAccident YearFor the Years Ended (2015–2023 is Supplementary Information and Unaudited)2015201620172018201920202021202220232024% (a)2015$178 $411 $577 $702 $792 $844 $888 $913 $934 $946 92.