Company: AFGC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001042046-25-000011
Chunk: 31

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-02-25
Form: 10-K
Item: Item 9C
Chunk 31
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ANCIAL STATEMENTS — CONTINUED

Total realized/unrealizedgains (losses) included inBalance at December 31, 2022Netearnings (loss)Other comprehensive income (loss)PurchasesandissuancesSales andsettlementsTransferintoLevel 3Transferout ofLevel 3Balance at December 31, 2023AFS fixed maturities:U.S. government agency$— $— $— $— $— $— $— $— State and municipal5 — — — (1)1 (3)2 Residential MBS9 1 (1)— (3)5 (9)2 Commercial MBS— — — — — — — — Collateralized loan obligations2 (2)1 — — 1 (1)1 Other asset-backed securities329 1 6 55 (39)31 (32)351 Corporate and other319 (4)5 92 (27)8 (13)380 Total AFS fixed maturities664 (4)11 147 (70)46 (58)736 Equity securities427 15 — 121 (39)— (39)485 Assets of MIE11 (4)— 2 — — — 9 Total Level 3 assets$1,102 $7 $11 $270 $(109)$46 $(97)$1,230 Contingent consideration — acquisitions$(25)$23 $— $— $— $— $— $(2)Total Level 3 liabilities$(25)$23 $— $— $— $— $— $(2)Total realized/unrealizedgains (losses) included inBalance at December 31, 2021Netearnings (loss)Other comprehensive income (loss)PurchasesandissuancesSales andsettlementsTransferintoLevel 3Transferout ofLevel 3Balance at December 31, 2022AFS fixed maturities:U.S. government agency$— $— $— $— $— $— $— $— State and municipal41 — (3)— (1)