Company: AFGC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001042046-25-000011
Chunk: 182

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7
Chunk 182
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 catastrophe losses$464 $466 61.6 %63.5 %(1.9 %)Prior accident years development36 (37)4.8 %(5.0 %)9.8 %Current year catastrophe losses including the impact of net reinstatement premiums(5)9 (0.8 %)1.1 %(1.9 %)Specialty casualty losses and LAE and ratio$495 $438 65.6 %59.6 %6.0 %Specialty financialCurrent year, excluding catastrophe losses$97 $89 34.8 %36.2 %(1.4 %)Prior accident years development(8)(8)(2.9 %)(3.4 %)0.5 %Current year catastrophe losses including the impact of net reinstatement premiums17 4 6.2 %2.0 %4.2 %Specialty financial losses and LAE and ratio$106 $85 38.1 %34.8 %3.3 %Total SpecialtyCurrent year, excluding catastrophe losses$1,125 $1,085 60.8 %62.6 %(1.8 %)Prior accident years development34 (57)1.8 %(3.3 %)5.1 %Current year catastrophe losses including the impact of net reinstatement premiums20 24 1.1 %1.4 %(0.3 %)Total Specialty losses and LAE and ratio$1,179 $1,052 63.7 %60.7 %3.0 %Aggregate — including exited lines Current year, excluding catastrophe losses$1,125 $1,085 60.8 %62.6 %(1.8 %)Prior accident years development36 (56)1.9 %(3.2 %)5.1 %Current year catastrophe losses including the impact of net reinstatement premiums20 24 1.1 %1.4 %(0.3 %)Aggregate losses and LAE and ratio$1,181 $1,053 63.8 %60.8 %3.0 %

Current accident year losses and LAE, excluding catastrophe losses

The current accident year loss and LAE ratio, excluding catastrophe losses for AFG’s Specialty property and casualty insurance operations was 60.8% for