Company: AFGC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001042046-25-000035
Chunk: 122

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 122
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/liabilities— (7)— (7)— (7)Other income9 (8)83 84 — 84 Total revenues5,803 189 101 6,093 18 6,111 Costs and Expenses:Losses and loss adjustment expenses3,327 — — 3,327 — 3,327 Commissions and other underwriting expenses1,568 — 25 1,593 — 1,593 Interest charges on borrowed money— — 57 57 — 57 Expenses of MIEs— 189 — 189 — 189 Other expenses61 — 165 226 25 251 Total costs and expenses4,956 189 247 5,392 25 5,417 Earnings before income taxes847 — (146)701 (7)694 Provision for income taxes172 — (26)146 5 151 Core Net Operating Earnings675 — (120)555 Non-core earnings (loss) (*):Realized gains (losses) on securities, net of tax— — 14 14 (14)— Realized gain on subsidiaries, net of tax1 — — 1 (1)— Special A&E charge, net of tax— — (20)(20)20 — Other— — (7)(7)7 — Net Earnings$676 $— $(133)$543 $— $543 

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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 TotalNine months ended September 30, 2024Revenues:Net earned premiums$5,186 $— $— $5,186 $— $5,186 Net investment income589 (25)22 586 — 586 Realized gains (losses) on securities— — — — 10 10 Income of MIEs:Investment income— 296 — 296 — 296 Gain (loss) on change in fair value