Company: AFGC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001042046-25-000011
Chunk: 66

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-02-25
Form: 10-K
Item: Item 9C
Chunk 66
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2023 is Supplementary Information and Unaudited)2015201620172018201920202021202220232024% (a)2015$619 $1,129 $1,404 $1,592 $1,722 $1,791 $1,847 $1,878 $1,909 $1,924 95.8 %2016577 1,099 1,350 1,539 1,662 1,750 1,806 1,848 1,865 94.7 %2017709 1,250 1,524 1,736 1,844 1,953 2,030 2,100 92.0 %2018730 1,337 1,606 1,807 1,977 2,099 2,178 88.9 %2019847 1,448 1,768 1,983 2,160 2,284 86.0 %2020758 1,337 1,620 1,842 2,043 81.3 %2021746 1,368 1,687 1,958 73.4 %2022904 1,724 2,144 66.9 %2023989 1,950 54.5 %20241,138 29.8 %Total$19,584 Unpaid losses and LAE — years 2015 through 20247,576 Unpaid losses and LAE — 11th year and prior (excluding unallocated LAE)388 Unpaid losses and LAE, net of reinsurance (excluding unallocated LAE)$7,964 Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance(Supplementary Information and Unaudited)Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Annual29.7 %24.6 %12.2 %9.1 %6.5 %4.5 %3.1 %2.2 %1.2 %0.7 %Cumulative29.7 %54.3 %66.5 %75.6 %82.1 %86.