Company: AFGC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001042046-25-000011
Chunk: 28

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-02-25
Form: 10-K
Item: Item 9C
Chunk 28
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 $173 States, municipalities and political subdivisions— 858 1 859 Foreign government— 237 — 237 Residential MBS— 1,988 1 1,989 Commercial MBS— 51 — 51 Collateralized loan obligations— 1,237 — 1,237 Other asset-backed securities— 2,060 296 2,356 Corporate and other12 3,014 470 3,496 Total AFS fixed maturities185 9,445 768 10,398 Trading fixed maturities— 50 26 76 Equity securities419 40 292 751 Assets of managed investment entities (“MIE”)419 3,711 10 4,140 Other assets — derivatives— 1 — 1 Total assets accounted for at fair value$1,023 $13,247 $1,096 $15,366 Liabilities:Contingent consideration — acquisitions$— $— $2 $2 Liabilities of managed investment entities402 3,553 10 3,965 Other liabilities — derivatives— 18 — 18 Total liabilities accounted for at fair value$402 $3,571 $12 $3,985 December 31, 2023Assets:Available for sale fixed maturities:U.S. Government and government agencies$235 $1 $— $236 States, municipalities and political subdivisions— 982 2 984 Foreign government— 230 — 230 Residential MBS— 1,656 2 1,658 Commercial MBS— 74 — 74 Collateralized loan obligations— 1,686 1 1,687 Other asset-backed securities— 2,011 351 2,362 Corporate and other9 2,757 380 3,146 Total AFS fixed maturities244 9,397 736 10,377 Trading fixed maturities— 57 — 57 Equity securities500 33 485 1,018 Assets of managed investment entities335 4,140 9 4,484 Other assets — derivatives—