Company: AFGC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001042046-25-000020
Chunk: 57

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 57
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5 and December 31, 2024, respectively.

18

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 CostMarch 31, 2025Fixed maturities:U.S. government and government agencies$— $20 100 %$(3)$90 97 %States, municipalities and political subdivisions(5)158 97 %(46)479 91 %Foreign government— 2 100 %— 51 100 %Residential MBS(2)285 99 %(131)920 88 %Commercial MBS— 9 100 %— 8 100 %Collateralized loan obligations(1)292 100 %(10)243 96 %Other asset-backed securities(3)323 99 %(52)1,034 95 %Corporate and other(6)385 98 %(42)1,070 96 %Total fixed maturities$(17)$1,474 99 %$(284)$3,895 93 %December 31, 2024Fixed maturities:U.S. government and government agencies$— $35 100 %$(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 %Commercial MBS— 14 100 %— 16 100 %Collateralized loan obligations— — — %(12)247 95 %Other asset-backed securities(4)318 99 %(65)1,201 95 %Corporate and other(10)605