Company: AFGC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001042046-25-000024
Chunk: 55

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 55
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.The following tables (in millions) show AFG’s assets, revenues and earnings before income taxes by segment and sub-segment.June 30,2025December 31,2024AssetsProperty and casualty insurance (*)$26,089 $25,913 Other4,580 4,923 Total assets$30,669 $30,836 (*)Not allocable to sub-segments.

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

Three months ended June 30,Six months ended June 30,2025202420252024RevenuesProperty and casualty insurance:Net earned premiums:SpecialtyProperty and transportation$576 $552 $1,076 $1,072 Specialty casualty799 791 1,593 1,574 Specialty financial272 242 558 485 Total net earned premiums1,647 1,585 3,227 3,131 Net investment income179 189 349 394 Other income— 2 3 4 Total property and casualty insurance1,826 1,776 3,579 3,529 Other96 126 196 265 Total revenues before realized gains (losses)1,922 1,902 3,775 3,794 Realized gains (losses) on securities2 (2)5 12 Total revenues$1,924 $1,900 $3,780 $3,806 Earnings Before Income TaxesProperty and casualty insurance:Underwriting:SpecialtyProperty and transportation$27 $40 $64 $100 Specialty casualty49 86 69 147 Specialty financial38 25 75 58 Other lines(1)(1)(1)(2)Total underwriting (a)113 150 207 303 Investment and other income, net (b)160 169 312 356 Total property and casualty insurance273 319 519 659 Other (c)(46)(46)(98)(96)Total earnings before realized gains (losses) and income taxes227 273 421 563 Realized gains (losses) on securities2 (2)5 12 Total earnings before income taxes$229 $271 $426 $