Company: AFGC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001042046-25-000024
Chunk: 100

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 100
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 expenses1,553 60 82 1,695 — 1,695 Earnings before income taxes273 — (46)227 2 229 Provision for income taxes55 — (7)48 7 55 Core Net Operating Earnings218 — (39)179 Non-core earnings (loss) (*):Realized gains (losses) on securities, net of tax— — 2 2 (2)— Other— — (7)(7)7 — Net Earnings$218 $— $(44)$174 $— $174 

44

Table of ContentsAMERICAN FINANCIAL GROUP, INC. 10-QManagement’s Discussion and Analysis of Financial Condition and Results of Operations — Continued

OtherP&CConsol. MIEsHolding Co., other and unallocatedTotalNon-core reclassGAAP TotalThree months ended June 30, 2024Revenues:Net earned premiums$1,585 $— $— $1,585 $— $1,585 Net investment income189 (9)8 188 — 188 Realized gains (losses) on securities— — — — (2)(2)Income of MIEs:Investment income— 98 — 98 — 98 Gain (loss) on change in fair value of assets/liabilities— 4 — 4 — 4 Other income2 (3)28 27 — 27 Total revenues1,776 90 36 1,902 (2)1,900 Costs and Expenses:Losses and loss adjustment expenses937 — — 937 — 937 Commissions and other underwriting expenses498 — 8 506 — 506 Interest charges on borrowed money— — 19 19 — 19 Expenses of MIEs— 90 — 90 — 90 Other expenses22 — 55 77 — 77 Total costs and expenses1,457 90 82 1,629 — 1,629 Earnings before income taxes319 — (46)273 (2)271 Provision for income taxes67