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{"sheet":"Cover Page","index":0,"n_rows":23,"n_cols":8,"rows_kept":23,"cut":false,"hidden":false,"merged":[]}
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[]
[null,null,null,null,null,null,null,"American Financial Group, Inc."]
[null,null,null,null,null,null,null,"Investor Supplement - Third Quarter 2024"]
[]
[]
[null,null,null,null,null,null,null,"2024-11-05"]
[]
[]
[]
[null,null,null,null,null,null,null,"American Financial Group, Inc."]
[null,null,null,null,null,null,null,"Corporate Headquarters"]
[null,null,null,null,null,null,null,"Great American Insurance Group Tower"]
[null,null,null,null,null,null,null,"301 E Fourth Street"]
[null,null,null,null,null,null,null,"Cincinnati, OH 45202"]
[null,null,null,null,null,null,null,"513 579 6739"]

{"sheet":"Contents","index":1,"n_rows":39,"n_cols":4,"rows_kept":39,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Table of Contents - Investor Supplement - Third Quarter 2024",null,null,3]
[]
["Section","Page"]
[]
["Table of Contents - Investor Supplement - Third Quarter 2024",2]
["Financial Highlights",3]
["Summary of Earnings",4]
["Earnings Per Share Summary",5]
[]
["Property and Casualty Insurance Segment"]
["Property and Casualty Insurance - Summary Underwriting Results (GAAP)",6]
["Specialty - Underwriting Results (GAAP)",7]
["Property and Transportation - Underwriting Results (GAAP)",8]
["Specialty Casualty - Underwriting Results (GAAP)",9]
["Specialty Financial - Underwriting Results (GAAP)",10]
["Other Specialty - Underwriting Results (GAAP)",11]
[]
["Consolidated Balance Sheet / Book Value / Debt"]
["Consolidated Balance Sheet",12]
["Book Value Per Share and Price / Book Summary",13]
["Capitalization",14]
["Additional Supplemental Information",15]
[]
["Consolidated Investment Supplement "]
["Total Cash and Investments",16]
["Net Investment Income",17]
["Alternative Investments",18]
["Fixed Maturities - By Security Type - AFG Consolidated",19]
[]
["Appendix"]
["A.  Fixed Maturities by Credit Rating & NAIC Designation by Type 9/30/2024",20]
["B.  Fixed Maturities by Credit Rating & NAIC Designation by Type 12/31/2023",21]
["C.  Corporate Securities by Credit Rating & NAIC Designation by Industry 9/30/2024",22]
["D.  Corporate Securities by Credit Rating & NAIC Designation by Industry 12/31/2023",23]
["E.  Asset-Backed Securities by Credit Rating & NAIC Designation by Collateral Type 9/30/2024",24]
["F.  Asset-Backed Securities by Credit Rating & NAIC Designation by Collateral Type 12/31/2023",25]
["G.  Real Estate-Related Investments 9/30/2024",26]
["H.  Real Estate-Related Investments 12/31/2023",27]

{"sheet":"Pg 3 Highlights","index":2,"n_rows":38,"n_cols":13,"rows_kept":38,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Financial Highlights"]
["(in millions, except per share information)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
[]
["Highlights"]
["Net earnings",181,209,242,263,177,null,632,589,null,852,589,412]
["Core net operating earnings",194,215,231,238,208,null,640,657,null,895,657,449]
["Total assets",32591,29913,30001,29787,30825,null,32591,30825,"",29787,30825,29048]
["Shareholders' equity, excluding AOCI (a)",4844,4715,4555,4577,4551,null,4844,4551,"",4562,4536,4490]
["Property and Casualty net written premiums",2353,1692,1634,1445,2061,null,5679,5247,null,6692,5247,3186]
[]
[]
[]
["Per share data"]
["Diluted earnings per share",2.16,2.4900000000000002,2.8899999999999997,3.13,2.0900000000000003,null,7.54,6.9299999999999988,null,10.050000000000001,6.9299999999999988,4.8299999999999992]
["Core net operating earnings per share",2.31,2.56,2.76,2.84,2.4500000000000002,null,7.63,7.72,null,10.56,7.72,5.27]
["Book value per share, excluding AOCI (a)",57.709576278255071,56.189864119098416,54.318661530939579,54.72,54.090995531044975,null,57.709576278255071,54.090995531044975,null,54.54,53.9,52.9]
[]
["Dividends per common share",0.71,0.71,3.21,2.21,0.63,null,4.63,5.89,null,8.1,5.89,5.26]
[]
[]
[]
["Financial ratios"]
["Annualized return on equity (b)",0.152,0.18,0.21199999999999999,0.23,0.157,null,0.18,0.17399999999999999,null,0.188,0.17399999999999999,0.183]
["Annualized core operating return on equity (b)",0.16200000000000001,0.185,0.20200000000000001,0.20899999999999999,0.183,null,0.183,0.19400000000000001,null,0.19800000000000001,0.19400000000000001,0.2]
[]
["Property and Casualty combined ratio - Specialty:"]
["Loss & LAE ratio",0.69500000000000006,0.59099999999999997,0.58599999999999997,0.60699999999999998,0.66700000000000004,null,0.63100000000000001,0.61799999999999999,null,0.61499999999999999,0.61799999999999999,0.58599999999999997]
["Underwriting expense ratio",0.248,0.314,0.315,0.27,0.255,null,0.28799999999999998,0.29499999999999998,null,0.28799999999999998,0.29499999999999998,0.32]
["Combined ratio - Specialty",0.94300000000000006,0.90500000000000003,0.90100000000000002,0.877,0.92200000000000004,null,0.91900000000000004,0.91300000000000003,null,0.90300000000000002,0.91300000000000003,0.90599999999999992]
[]
[]
["(a) A reconciliation to the GAAP measure is on page 13."]
["(b) Excludes accumulated other comprehensive income."]

{"sheet":"Pg 4 Earnings","index":3,"n_rows":28,"n_cols":13,"rows_kept":28,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Summary of Earnings"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
["Property and Casualty Insurance"]
["Underwriting profit ",115,150,153,211,142,null,418,420,null,631,420,278]
["Net investment income",195,189,205,161,170,null,589,568,null,729,568,398]
["Other income (expense)",-19,-20,-18,-15,-14,null,-57,-41,null,-56,-41,-27]
["Property and Casualty Insurance operating earnings ",291,319,340,357,298,null,950,947,null,1304,947,649]
[]
["Interest expense of parent holding companies",-19,-19,-19,-19,-19,null,-57,-57,null,-76,-57,-38]
["Other expense",-27,-27,-31,-34,-22,null,-85,-67,null,-101,-67,-45]
["Pretax core operating earnings",245,273,290,304,257,null,808,823,null,1127,823,566]
[]
["Income tax expense",51,58,59,66,49,null,168,166,null,232,166,117]
["Core net operating earnings",194,215,231,238,208,null,640,657,null,895,657,449]
[]
["Non-core items, net of tax:  "]
["Realized gains (losses) on securities",-2,-2,11,25,-15,null,7,-53,null,-28,-53,-38]
["Realized loss on subsidiaries",0,-4,0,0,-4,null,-4,-4,null,-4,-4]
["Special A&E charges:  ",0,0]
["Property and Casualty Insurance run-off operations ",0,0,0,0,0,null,0,0,null,0,0,0]
["Special A&E charges - Former Railroad and Manufacturing operations ",-11,0,0,0,-12,null,-11,-12,null,-12,-12,0]
["Gain (loss) on retirement of debt",0,0,0,0,0,null,0,1,null,1,1,1]
["Other non-core items",0,0,0,0,0,null,0,0,null,0,0,0]
["Net earnings",181,209,242,263,177,null,632,589,null,852,589,412]

{"sheet":"Pg 5 Earnings Per Share","index":4,"n_rows":24,"n_cols":13,"rows_kept":24,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Earnings Per Share Summary"]
["(in millions, except per share information)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
["Core net operating earnings",194,215,231,238,208,null,640,657,null,895,657,449]
[]
["Net earnings",181,209,242,263,177,null,632,589,null,852,589,412]
[]
["Average number of diluted shares",83.938999999999993,83.912000000000006,83.795000000000002,83.816999999999993,84.745000000000005,null,83.882000000000005,85.096000000000004,null,84.774000000000001,85.096000000000004,85.274000000000001]
[]
["Diluted earnings per share:"]
["Core net operating earnings per share",2.31,2.56,2.76,2.84,2.4500000000000002,null,7.63,7.72,null,10.56,7.72,5.27]
[]
["Realized gains (losses) on securities",-0.02,-0.02,0.13,0.28999999999999998,-0.17,null,0.09,-0.61,null,-0.33,-0.61,-0.45]
["Realized loss on subsidiaries",0,-0.05,0,0,-0.04,null,-0.05,-0.04,null,-0.04,-0.04,0]
["Special A&E charges:  "]
["Property and Casualty Insurance run-off operations ",0,0,0,0,0,null,0,0,null,0,0,0]
["Special A&E charges - Former Railroad and Manufacturing operations ",-0.13,0,0,0,-0.15,null,-0.13,-0.15,null,-0.15,-0.15,0]
["Gain (loss) on retirement of debt",0,0,0,0,0,null,0,0.01,null,0.01,0.01,0.01]
["Other non-core items",0,0,0,0,0,null,0,0,null,0,0,0]
["Diluted earnings per share",2.16,2.4900000000000002,2.8899999999999997,3.13,2.0900000000000003,null,7.54,6.9299999999999988,null,10.050000000000001,6.9299999999999988,4.8299999999999992]

{"sheet":"Pg 6 P&C_UW","index":5,"n_rows":48,"n_cols":13,"rows_kept":48,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Property and Casualty Insurance - Summary Underwriting Results (GAAP)"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
["Property and Transportation",34,39,56,67,42,null,129,117,null,184,117,75]
["Specialty Casualty",76,108,74,114,78,null,258,261,null,375,261,183]
["Specialty Financial",22,25,33,45,29,null,80,65,null,110,65,36]
["Other Specialty",-15,-21,-9,-14,-6,null,-45,-22,null,-36,-22,-16]
["Underwriting profit - Specialty",117,151,154,212,143,null,422,421,null,633,421,278]
[]
["Other core charges, included in loss and LAE",-2,-1,-1,-1,-1,null,-4,-1,null,-2,-1,0]
["Underwriting profit - Core",115,150,153,211,142,null,418,420,null,631,420,278]
[]
["Special A&E charges, included in loss and LAE",0,0,0,0,0,null,0,0,null,0,0,0]
["Underwriting profit - Property and Casualty Insurance",115,150,153,211,142,null,418,420,null,631,420,278]
[]
["Included in results above:"]
["Current accident year catastrophe losses:"]
["Catastrophe reinstatement premium",0,0,1,1,0,null,1,2,null,3,2,2]
["Catastrophe losses",90,36,34,24,56,null,160,138,null,162,138,82]
["Total current accident year catastrophe losses",90,36,35,25,56,null,161,140,null,165,140,84]
[]
["Prior year loss reserve development (favorable) / adverse",-15,-35,-50,-56,-43,null,-100,-168,null,-224,-168,-125]
[]
["Combined ratio:"]
["Property and Transportation",0.96500000000000008,0.92900000000000005,0.89000000000000012,0.90299999999999991,0.94799999999999995,null,0.93599999999999994,0.93599999999999994,null,0.92799999999999994,0.93599999999999994,0.92599999999999993]
["Specialty Casualty",0.9,0.85399999999999998,0.89800000000000002,0.84599999999999997,0.89400000000000002,null,0.88400000000000001,0.878,null,0.87,0.878,0.871]
["Specialty Financial",0.91900000000000004,0.89700000000000002,0.86299999999999999,0.81299999999999994,0.876,null,0.89400000000000002,0.89600000000000002,null,0.873,0.89600000000000002,0.90800000000000003]
["Other Specialty",1.2389999999999999,1.321,1.169,1.1890000000000001,1.0980000000000001,null,1.2440000000000002,1.119,null,1.139,1.119,1.131]
["Combined ratio - Specialty ",0.94300000000000006,0.90500000000000003,0.90100000000000002,0.877,0.92200000000000004,null,0.91900000000000004,0.91300000000000003,null,0.90300000000000002,0.91300000000000003,0.90599999999999992]
[]
["Other core charges",1E-3,0,0,1E-3,1E-3,null,0,0,null,1E-3,0,-1E-3]
["Combined ratio",0.94400000000000006,0.90500000000000003,0.90100000000000002,0.878,0.92300000000000004,null,0.91900000000000004,0.91300000000000003,null,0.90400000000000003,0.91300000000000003,0.90499999999999992]
[]
["P&C combined ratio excl. catastrophe losses and prior year reserve development",0.90700000000000003,0.90500000000000003,0.91100000000000003,0.89600000000000002,0.91500000000000004,null,0.90799999999999992,0.91900000000000004,null,0.91199999999999992,0.91900000000000004,0.92100000000000004]
[]
["Loss and LAE components:"]
["Current accident year, excluding catastrophe losses",0.65900000000000003,0.59099999999999997,0.59599999999999997,0.626,0.66,null,0.62,0.624,null,0.624,0.626,0.60099999999999998]
["Prior accident year loss reserve development",-7.0000000000000001E-3,-2.1999999999999999E-2,-3.2000000000000001E-2,-3.2000000000000001E-2,-2.3E-2,null,-1.9E-2,-3.5000000000000003E-2,null,-3.4000000000000002E-2,-5.0999999999999997E-2,-4.2999999999999997E-2]
["Current accident year catastrophe losses",4.3999999999999997E-2,2.1999999999999999E-2,2.1999999999999999E-2,1.4E-2,3.1E-2,null,0.03,2.9000000000000001E-2,null,2.5999999999999999E-2,1.7000000000000001E-2,2.7E-2]
["Loss and LAE ratio",0.69600000000000006,0.59099999999999997,0.58599999999999997,0.60799999999999998,0.66800000000000004,null,0.63100000000000001,0.61799999999999999,null,0.61599999999999999,0.59199999999999997,0.58499999999999996]
[]
[]
[]
["    "]

{"sheet":"Pg 7 P&C_Specialty_UW","index":6,"n_rows":37,"n_cols":13,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Specialty - Underwriting Results (GAAP)"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
["Gross written premiums",3748,2406,2336,1992,3140,null,8490,7664,"",9656,7664,4524]
["Ceded reinsurance premiums",-1395,-714,-702,-547,-1079,null,-2811,-2417,"",-2964,-2417,-1338]
["Net written premiums",2353,1692,1634,1445,2061,null,5679,5247,"",6692,5247,3186]
["Change in unearned premiums",-298,-107,-88,287,-206,null,-493,-448,"",-161,-448,-242]
["Net earned premiums",2055,1585,1546,1732,1855,null,5186,4799,"",6531,4799,2944]
[]
["Loss and LAE",1428,936,906,1052,1238,null,3270,2963,"",4015,2963,1725]
["Underwriting expense",510,498,486,468,474,null,1494,1415,"",1883,1415,941]
["Underwriting profit",117,151,154,212,143,null,422,421,"",633,421,278]
[]
["Included in results above:"]
["Current accident year catastrophe losses:"]
["Catastrophe reinstatement premium",0,0,1,1,0,null,1,2,"",3,2,2]
["Catastrophe losses",90,36,34,24,56,null,160,138,"",162,138,82]
["Total current accident year catastrophe losses",90,36,35,25,56,null,161,140,"",165,140,84]
[]
["Prior year loss reserve development (favorable) / adverse",-17,-36,-51,-57,-44,null,-104,-169,"",-226,-169,-125]
[]
["Combined ratio:"]
["Loss and LAE ratio",0.69500000000000006,0.59099999999999997,0.58599999999999997,0.60699999999999998,0.66700000000000004,null,0.63100000000000001,0.61799999999999999,null,0.61499999999999999,0.61799999999999999,0.58599999999999997]
["Underwriting expense ratio",0.248,0.314,0.315,0.27,0.255,null,0.28799999999999998,0.29499999999999998,null,0.28799999999999998,0.29499999999999998,0.32]
["Combined ratio",0.94300000000000006,0.90500000000000003,0.90100000000000002,0.877,0.92200000000000004,null,0.91900000000000004,0.91300000000000003,null,0.90300000000000002,0.91300000000000003,0.90599999999999992]
[]
["Specialty combined ratio excl. catastrophe losses and prior year reserve development",0.90700000000000003,0.90500000000000003,0.91100000000000003,0.89600000000000002,0.91500000000000004,null,0.90799999999999992,0.91900000000000004,null,0.91199999999999992,0.91900000000000004,0.92100000000000004]
[]
["Loss and LAE components:"]
["Current accident year, excluding catastrophe losses",0.65900000000000003,0.59099999999999997,0.59599999999999997,0.626,0.66,null,0.62,0.624,null,0.624,0.624,0.60099999999999998]
["Prior accident year loss reserve development",-8.0000000000000002E-3,-2.3E-2,-3.3000000000000002E-2,-3.3000000000000002E-2,-2.3E-2,null,-0.02,-3.5000000000000003E-2,null,-3.4000000000000002E-2,-3.5000000000000003E-2,-4.2000000000000003E-2]
["Current accident year catastrophe losses",4.3999999999999997E-2,2.3E-2,2.3E-2,1.4E-2,0.03,null,3.1E-2,2.9000000000000001E-2,null,2.5000000000000001E-2,2.9000000000000001E-2,2.7E-2]
["Loss and LAE ratio",0.69500000000000006,0.59099999999999997,0.58599999999999997,0.60699999999999998,0.66700000000000004,null,0.63100000000000001,0.61799999999999999,null,0.61499999999999999,0.61799999999999999,0.58599999999999997]

{"sheet":"Pg 8 P&C_P&T_UW","index":7,"n_rows":37,"n_cols":13,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Property and Transportation - Underwriting Results (GAAP)"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
["Gross written premiums",2107,1084,959,623,1592,null,4150,3523,null,4146,3523,1931]
["Ceded reinsurance premiums",-967,-403,-368,-197,-687,null,-1738,-1398,null,-1595,-1398,-711]
["Net written premiums",1140,681,591,426,905,null,2412,2125,null,2551,2125,1220]
["Change in unearned premiums",-159,-138,-78,256,-77,null,-375,-288,null,-32,-288,-211]
["Net earned premiums",981,543,513,682,828,null,2037,1837,null,2519,1837,1009]
[]
["Loss and LAE",777,348,304,470,636,null,1429,1271,null,1741,1271,635]
["Underwriting expense",170,156,153,145,150,null,479,449,null,594,449,299]
["Underwriting profit",34,39,56,67,42,null,129,117,null,184,117,75]
[]
["Included in results above:"]
["Current accident year catastrophe losses:"]
["Catastrophe reinstatement premium",0,0,0,2,0,null,0,0,null,2,0,0]
["Catastrophe losses",34,13,8,3,14,null,55,48,null,51,48,34]
["Total current accident year catastrophe losses",34,13,8,5,14,null,55,48,null,53,48,34]
[]
["Prior year loss reserve development (favorable) / adverse",-15,-33,-43,-12,-14,null,-91,-72,null,-84,-72,-58]
[]
["Combined ratio:"]
["Loss and LAE ratio",0.79300000000000004,0.64000000000000012,0.59200000000000008,0.69,0.76800000000000002,null,0.70099999999999996,0.69199999999999995,null,0.69199999999999995,0.69199999999999995,0.629]
["Underwriting expense ratio",0.17199999999999999,0.28899999999999998,0.29799999999999999,0.21299999999999999,0.18,null,0.23499999999999999,0.24399999999999999,null,0.23599999999999999,0.24399999999999999,0.29699999999999999]
["Combined ratio",0.96500000000000008,0.92900000000000005,0.89000000000000012,0.90299999999999991,0.94799999999999995,null,0.93599999999999994,0.93599999999999994,null,0.92799999999999994,0.93599999999999994,0.92599999999999993]
[]
["Combined ratio excl. catastrophe losses and prior year reserve development",0.94399999999999995,0.96700000000000008,0.95599999999999996,0.91499999999999992,0.94799999999999995,null,0.95299999999999996,0.94799999999999995,null,0.94099999999999995,0.94799999999999995,0.95]
[]
["Loss and LAE components:"]
["Current accident year, excluding catastrophe losses",0.77200000000000002,0.67800000000000005,0.65800000000000003,0.70199999999999996,0.76800000000000002,null,0.71799999999999997,0.70399999999999996,null,0.70499999999999996,0.70399999999999996,0.65300000000000002]
["Prior accident year loss reserve development",-1.4999999999999999E-2,-6.2E-2,-8.3000000000000004E-2,-1.7999999999999999E-2,-1.7000000000000001E-2,null,-4.3999999999999997E-2,-3.9E-2,null,-3.3000000000000002E-2,-3.9E-2,-5.7000000000000002E-2]
["Current accident year catastrophe losses",3.5999999999999997E-2,2.4E-2,1.7000000000000001E-2,6.0000000000000001E-3,1.7000000000000001E-2,null,2.7E-2,2.7E-2,null,0.02,2.7E-2,3.3000000000000002E-2]
["Loss and LAE ratio",0.79300000000000004,0.64000000000000012,0.59200000000000008,0.69,0.76800000000000002,null,0.70099999999999996,0.69199999999999995,null,0.69199999999999995,0.69199999999999995,0.629]

{"sheet":"Pg 9 P&C_SC_UW","index":8,"n_rows":37,"n_cols":13,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Specialty Casualty - Underwriting Results (GAAP)"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
["Gross written premiums",1297,1023,1097,1069,1226,null,3417,3299,null,4368,3299,2073]
["Ceded reinsurance premiums",-434,-319,-346,-369,-397,null,-1099,-1055,null,-1424,-1055,-658]
["Net written premiums",863,704,751,700,829,null,2318,2244,null,2944,2244,1415]
["Change in unearned premiums",-119,35,-21,37,-95,null,-105,-95,null,-58,-95,0]
["Net earned premiums",744,739,730,737,734,null,2213,2149,null,2886,2149,1415]
[]
["Loss and LAE",473,428,457,438,463,null,1358,1301,null,1739,1301,838]
["Underwriting expense",195,203,199,185,193,null,597,587,null,772,587,394]
["Underwriting profit",76,108,74,114,78,null,258,261,null,375,261,183]
[]
["Included in results above:"]
["Current accident year catastrophe losses:"]
["Catastrophe reinstatement premium",0,0,1,-1,0,null,1,2,null,1,2,2]
["Catastrophe losses",16,5,15,9,17,null,36,26,null,35,26,9]
["Total current accident year catastrophe losses",16,5,16,8,17,null,37,28,null,36,28,11]
[]
["Prior year loss reserve development (favorable) / adverse",-4,-25,-17,-37,-22,null,-46,-73,null,-110,-73,-51]
[]
["Combined ratio:"]
["Loss and LAE ratio",0.63600000000000001,0.57999999999999996,0.625,0.59599999999999997,0.63100000000000001,null,0.61399999999999999,0.60499999999999998,null,0.60299999999999998,0.60499999999999998,0.59199999999999997]
["Underwriting expense ratio",0.26400000000000001,0.27400000000000002,0.27300000000000002,0.25,0.26300000000000001,null,0.27,0.27300000000000002,null,0.26700000000000002,0.27300000000000002,0.27900000000000003]
["Combined ratio",0.9,0.85399999999999998,0.89800000000000002,0.84599999999999997,0.89400000000000002,null,0.88400000000000001,0.878,null,0.87,0.878,0.871]
[]
["Combined ratio excl. catastrophe losses and prior year reserve development",0.88300000000000001,0.88200000000000001,0.89900000000000002,0.88500000000000001,0.9,null,0.88700000000000001,0.9,null,0.89600000000000002,0.9,0.9]
[]
["Loss and LAE components:"]
["Current accident year, excluding catastrophe losses",0.61899999999999999,0.60799999999999998,0.626,0.63500000000000001,0.63700000000000001,null,0.61699999999999999,0.627,null,0.629,0.627,0.621]
["Prior accident year loss reserve development",-6.0000000000000001E-3,-3.5000000000000003E-2,-2.3E-2,-0.05,-2.9000000000000001E-2,null,-2.1000000000000001E-2,-3.4000000000000002E-2,null,-3.7999999999999999E-2,-3.4000000000000002E-2,-3.5999999999999997E-2]
["Current accident year catastrophe losses",2.3E-2,7.0000000000000001E-3,2.1999999999999999E-2,1.0999999999999999E-2,2.3E-2,null,1.7999999999999999E-2,1.2E-2,null,1.2E-2,1.2E-2,7.0000000000000001E-3]
["Loss and LAE ratio",0.63600000000000001,0.57999999999999996,0.625,0.59599999999999997,0.63100000000000001,null,0.61399999999999999,0.60499999999999998,null,0.60299999999999998,0.60499999999999998,0.59199999999999997]

{"sheet":"Pg 10 P&C_SF_UW","index":9,"n_rows":37,"n_cols":13,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Specialty Financial - Underwriting Results (GAAP)"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
["Gross written premiums",344,299,280,300,322,null,923,842,null,1142,842,520]
["Ceded reinsurance premiums",-60,-51,-46,-50,-61,null,-157,-157,null,-207,-157,-96]
["Net written premiums",284,248,234,250,261,null,766,685,null,935,685,424]
["Change in unearned premiums",-15,-7,9,-6,-29,null,-13,-62,null,-68,-62,-33]
["Net earned premiums",269,241,243,244,232,null,753,623,null,867,623,391]
[]
["Loss and LAE",124,101,98,85,93,null,323,243,null,328,243,150]
["Underwriting expense",123,115,112,114,110,null,350,315,null,429,315,205]
["Underwriting profit",22,25,33,45,29,null,80,65,null,110,65,36]
[]
["Included in results above:"]
["Current accident year catastrophe losses:"]
["Catastrophe reinstatement premium",0,0,0,0,0,null,0,0,null,0,0,0]
["Catastrophe losses",39,17,8,4,22,null,64,45,null,49,45,23]
["Total current accident year catastrophe losses",39,17,8,4,22,null,64,45,null,49,45,23]
[]
["Prior year loss reserve development (favorable) / adverse",-9,0,6,-8,-10,null,-3,-24,null,-32,-24,-14]
[]
["Combined ratio:"]
["Loss and LAE ratio",0.46099999999999997,0.42099999999999999,0.40200000000000002,0.34799999999999998,0.39800000000000002,null,0.42899999999999999,0.39,null,0.378,0.39,0.38500000000000001]
["Underwriting expense ratio",0.45800000000000002,0.47599999999999998,0.46100000000000002,0.46500000000000002,0.47799999999999998,null,0.46500000000000002,0.50600000000000001,null,0.495,0.50600000000000001,0.52300000000000002]
["Combined ratio",0.91900000000000004,0.89700000000000002,0.86299999999999999,0.81299999999999994,0.876,null,0.89400000000000002,0.89600000000000002,null,0.873,0.89600000000000002,0.90800000000000003]
[]
["Combined ratio excl. catastrophe losses and prior year reserve development",0.80899999999999994,0.82299999999999995,0.80899999999999994,0.82699999999999996,0.82499999999999996,null,0.81400000000000006,0.86199999999999999,null,0.85299999999999998,0.86199999999999999,0.88500000000000001]
[]
["Loss and LAE components:"]
["Current accident year, excluding catastrophe losses",0.35099999999999998,0.34699999999999998,0.34799999999999998,0.36199999999999999,0.34699999999999998,null,0.34899999999999998,0.35599999999999998,null,0.35799999999999998,0.35599999999999998,0.36199999999999999]
["Prior accident year loss reserve development",-3.4000000000000002E-2,1E-3,2.3E-2,-3.4000000000000002E-2,-4.2000000000000003E-2,null,-4.0000000000000001E-3,-3.7999999999999999E-2,null,-3.6999999999999998E-2,-3.7999999999999999E-2,-3.5000000000000003E-2]
["Current accident year catastrophe losses",0.14399999999999999,7.2999999999999995E-2,3.1E-2,0.02,9.2999999999999999E-2,null,8.4000000000000005E-2,7.1999999999999995E-2,null,5.7000000000000002E-2,7.1999999999999995E-2,5.8000000000000003E-2]
["Loss and LAE ratio",0.46099999999999997,0.42099999999999999,0.40200000000000002,0.34799999999999998,0.39800000000000002,null,0.42899999999999999,0.39,null,0.378,0.39,0.38500000000000001]

{"sheet":"Pg 11 P&C_Spec_Other_UW","index":10,"n_rows":37,"n_cols":13,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Other Specialty - Underwriting Results (GAAP)"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
[]
["Gross written premiums",0,0,0,0,0,null,0,0,null,0,0,0]
["Ceded reinsurance premiums",66,59,58,69,66,null,183,193,null,262,193,127]
["Net written premiums",66,59,58,69,66,null,183,193,null,262,193,127]
["Change in unearned premiums",-5,3,2,0,-5,null,0,-3,null,-3,-3,2]
["Net earned premiums",61,62,60,69,61,null,183,190,null,259,190,129]
[]
["Loss and LAE",54,59,47,59,46,null,160,148,null,207,148,102]
["Underwriting expense",22,24,22,24,21,null,68,64,null,88,64,43]
["Underwriting profit (loss)",-15,-21,-9,-14,-6,null,-45,-22,null,-36,-22,-16]
[]
["Included in results above:"]
["Current accident year catastrophe losses:"]
["Catastrophe reinstatement premium",0,0,0,0,0,null,0,0,null,0,0,0]
["Catastrophe losses",1,1,3,8,3,null,5,19,null,27,19,16]
["Total current accident year catastrophe losses",1,1,3,8,3,null,5,19,null,27,19,16]
[]
["Prior year loss reserve development (favorable) / adverse",11,22,3,0,2,null,36,0,null,0,0,-2]
[]
["Combined ratio:"]
["Loss and LAE ratio",0.8899999999999999,0.95299999999999996,0.79200000000000004,0.82799999999999996,0.76200000000000012,null,0.87900000000000011,0.78900000000000003,null,0.79999999999999993,0.78900000000000003,0.80299999999999994]
["Underwriting expense ratio",0.34899999999999998,0.36799999999999999,0.377,0.36099999999999999,0.33600000000000002,null,0.36499999999999999,0.33,null,0.33900000000000002,0.33,0.32800000000000001]
["Combined ratio",1.2389999999999999,1.321,1.169,1.1890000000000001,1.0980000000000001,null,1.2440000000000002,1.119,null,1.139,1.119,1.131]
[]
["Combined ratio excl. catastrophe losses and prior year reserve development",1.0469999999999999,0.94099999999999995,1.0680000000000001,1.073,1.012,null,1.0190000000000001,1.0170000000000001,null,1.0329999999999999,1.0170000000000001,1.0209999999999999]
[]
["Loss and LAE components:"]
["Current accident year, excluding catastrophe losses",0.69799999999999995,0.57299999999999995,0.69099999999999995,0.71199999999999997,0.67600000000000005,null,0.65400000000000003,0.68700000000000006,null,0.69399999999999995,0.68700000000000006,0.69299999999999995]
["Prior accident year loss reserve development",0.182,0.374,4.8000000000000001E-2,8.9999999999999993E-3,3.6999999999999998E-2,null,0.20200000000000001,-1E-3,null,2E-3,-1E-3,-1.9E-2]
["Current accident year catastrophe losses",0.01,6.0000000000000001E-3,5.2999999999999999E-2,0.107,4.9000000000000002E-2,null,2.3E-2,0.10299999999999999,null,0.104,0.10299999999999999,0.129]
["Loss and LAE ratio",0.8899999999999999,0.95299999999999996,0.79200000000000004,0.82799999999999996,0.76200000000000012,null,0.87900000000000011,0.78900000000000003,null,0.79999999999999993,0.78900000000000003,0.80299999999999994]

{"sheet":"Pg 12 Balance Sheet","index":12,"n_rows":36,"n_cols":7,"rows_kept":36,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Consolidated Balance Sheet"]
["($ in millions)"]
[]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30","2023-06-30"]
["Assets:"]
["Total cash and investments",15741,15261,15254,15263,14794,14489]
["Recoverables from reinsurers",5217,4157,4510,4477,4421,3852]
["Prepaid reinsurance premiums",1346,1143,1078,961,1223,1112]
["Agents' balances and premiums receivable",1995,1909,1606,1471,2088,1796]
["Deferred policy acquisition costs",340,328,309,309,324,316]
["Assets of managed investment entities",4332,4695,4669,4484,4871,5235]
["Other receivables",1989,758,958,1171,1377,721]
["Other assets",1326,1357,1312,1346,1422,1281]
["Goodwill",305,305,305,305,305,246]
["Total assets",32591,29913,30001,29787,30825,29048]
[]
["Liabilities and Equity:"]
["Unpaid losses and loss adjustment expenses",14206,12607,13050,13087,12891,11925]
["Unearned premiums",4320,3816,3650,3451,3997,3686]
["Payable to reinsurers",1620,1176,1078,1186,1398,1038]
["Liabilities of managed investment entities",4168,4536,4468,4307,4728,5098]
["Long-term debt",1475,1475,1475,1475,1474,1474]
["Other liabilities",2094,1919,2040,2023,2356,1834]
["Total liabilities",27883,25529,25761,25529,26844,25055]
[]
["Shareholders' equity:"]
["Common stock",84,84,84,84,84,85]
["Capital surplus",1400,1392,1382,1372,1372,1377]
["Retained earnings",3360,3239,3089,3121,3095,3042]
["Unrealized gains (losses) - fixed maturities",-100,-290,-278,-287,-521,-464]
["Unrealized gains (losses) - fixed maturity-related cash flow hedges",-7,-20,-22,-17,-34,-33]
["Other comprehensive income (loss), net of tax",-29,-21,-15,-15,-15,-14]
["Total shareholders' equity",4708,4384,4240,4258,3981,3993]
[]
["Total liabilities and equity",32591,29913,30001,29787,30825,29048]

{"sheet":"Pg 13 Book Value","index":13,"n_rows":27,"n_cols":7,"rows_kept":27,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Book Value Per Share and Price / Book Summary"]
["(in millions, except per share information)"]
[]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30","2023-06-30"]
[]
["Shareholders' equity",4708,4384,4240,4258,3981,3993]
["Accumulated other comprehensive income (loss)",-136,-331,-315,-319,-570,-511]
["Shareholders' equity, excluding AOCI",4844,4715,4555,4577,4551,4504]
["Goodwill",305,305,305,305,305,246]
["Intangibles",199,204,208,213,217,102]
["Tangible shareholders' equity, excluding AOCI",4340,4206,4042,4059,4029,4156]
[]
["Common shares outstanding",83.923000000000002,83.897000000000006,83.856999999999999,83.635999999999996,84.135999999999996,84.858999999999995]
[]
["Book value per share:"]
["Book value per share",56.099043170525363,52.25455022229638,50.57,50.911090917786602,47.31,47.06]
["Book value per share, excluding AOCI",57.709576278255071,56.189864119098416,54.318661530939579,54.72,54.090995531044975,53.07]
["Tangible, excluding AOCI",51.724071231962633,50.132901057248766,48.201104260824977,48.52,47.886754777978517,48.97]
[]
["Market capitalization"]
[]
["AFG's closing common share price",134.6,123.02,136.47999999999999,118.89,111.67,118.75]
[]
["Market capitalization",11296,10321,11445,9943,9395,10077]
[]
["Price / Book value per share, excluding AOCI",2.3323685370865768,2.1893628313328959,2.5125803205268933,2.1726973684210527,2.0644840958031203,2.2376107028452985]

{"sheet":"Pg 14 Capitalization","index":14,"n_rows":20,"n_cols":7,"rows_kept":20,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Capitalization"]
["($ in millions)"]
[]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30","2023-06-30"]
[]
["AFG senior obligations",823,823,823,823,823,823]
["Borrowings drawn under credit facility",0,0,0,0,0,0]
["Debt excluding subordinated debt",823,823,823,823,823,823]
[]
["AFG subordinated debentures",675,675,675,675,675,675]
["Total principal amount of long-term debt",1498,1498,1498,1498,1498,1498]
[]
["Shareholders' equity",4708,4384,4240,4258,3981,3993]
["Accumulated other comprehensive income (loss)",-136,-331,-315,-319,-570,-511]
["Total capital, excluding AOCI",6342,6213,6053,6075,6049,6002]
[]
["Ratio of debt to total capital, excluding AOCI:"]
["Including subordinated debt",0.23620309050772628,0.24110735554482537,0.24748058813811333,0.24658436213991769,0.24764423871714333,0.24958347217594135]
["Excluding subordinated debt",0.12976978871018607,0.13246418799291806,0.13596563687427721,0.13547325102880658,0.13605554637130104,0.13712095968010662]

{"sheet":"Pg 15 Additional Supp Data","index":15,"n_rows":24,"n_cols":13,"rows_kept":24,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Additional Supplemental Information"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
["Property and Casualty Insurance"]
[]
["Paid Losses (GAAP)",897,969,989,938,805,null,2855,2488,null,3426,2488,1683]
[]
[]
[]
[]
[]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2023-06-30",null,null,null,"`"]
["GAAP Equity (excluding AOCI)"]
[]
["Property and Casualty Insurance",6150,5919,5780,5710,5786,null,5581]
["Parent and other subsidiaries",-1306,-1204,-1225,-1133,-1235,null,-1077]
["AFG GAAP Equity (excluding AOCI)",4844,4715,4555,4577,4551,null,4504]
[null,""]
["Allowable dividends without regulatory approval"]
[]
["Property and Casualty Insurance",946,946,946,946,887,null,887]

{"sheet":"Pg 16 Inv_Schedule","index":16,"n_rows":34,"n_cols":7,"rows_kept":34,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Total Cash and Investments"]
["($ in millions)"]
[]
[null,"Carrying Value - September 30, 2024"]
[null,"Property and",null,null,null,"% of"]
[null,"Casualty","Parent &","Consolidate","Total AFG","Investment"]
[null,"Insurance"," Other","CLOs","Consolidated","Portfolio"]
["Total cash and investments:"]
["Cash and cash equivalents",1063,259,0,1322,0.08]
["Fixed maturities - Available for sale",10356,79,0,10435,0.67,""]
["Fixed maturities - Trading",78,0,0,78,0]
["Equity securities - Common stocks",653,0,0,653,0.04]
["Equity securities - Perpetual preferred",428,0,0,428,0.03]
["Investments accounted for using the equity method",1909,2,0,1911,0.12,""]
["Mortgage loans",765,0,0,765,0.05]
["Real estate and other investments",213,99,-163,149,0.01]
["Total cash and investments",15465,439,-163,15741,"100%"]
[null,null,null,""]
[]
[null,"Carrying Value - December 31, 2023"]
[null,"Property and",null,null,null,"% of"]
[null,"Casualty","Parent &","Consolidate","Total AFG","Investment"]
[null,"Insurance"," Other","CLOs","Consolidated","Portfolio"]
["Total cash and investments:"]
["Cash and cash equivalents",940,285,0,1225,0.08]
["Fixed maturities - Available for sale",10225,152,0,10377,0.68,""]
["Fixed maturities - Trading",57,0,0,57,0]
["Equity securities - common stocks",586,0,0,586,0.04]
["Equity securities - perpetual preferred",432,0,0,432,0.03]
["Investments accounted for using the equity method",1812,2,0,1814,0.12]
["Mortgage loans",643,0,0,643,0.04]
["Real estate and other investments",211,93,-175,129,0.01]
["Total cash and investments",14906,532,-175,15263,"100%"]

{"sheet":"Pg 17 Qtr_NII","index":17,"n_rows":38,"n_cols":13,"rows_kept":38,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Net Investment Income"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
["Property and Casualty Insurance:"]
["Gross investment income excluding alternative investments"]
["Fixed maturities",134,133,131,131,121,null,398,350,null,481,350,229]
["Equity securities",6,7,7,7,8,null,20,25,null,32,25,17]
["Other investments (a)",25,21,17,21,19,null,63,48,null,69,48,29]
["Gross investment income excluding alternative investments",165,161,155,159,148,null,481,423,null,582,423,275]
["Gross investment income from alternative investments (b)",36,33,56,5,25,null,125,158,null,163,158,133]
["Total gross investment income",201,194,211,164,173,null,606,581,null,745,581,408]
["Investment expenses",-6,-5,-6,-3,-3,null,-17,-13,null,-16,-13,-10]
["Total net investment income",195,189,205,161,170,null,589,568,null,729,568,398]
[]
["Average cash and investments (c)",15447,15346,15331,15227,14899,null,15389,14624,null,14753,14624,14438]
[]
["Average yield - fixed maturities before inv expenses (d)",5.0599999999999999E-2,5.04E-2,4.9299999999999997E-2,4.99E-2,4.6800000000000001E-2,null,5.0099999999999999E-2,4.5600000000000002E-2,null,4.6699999999999998E-2,4.5600000000000002E-2,4.5100000000000001E-2]
["Average yield - overall portfolio, net (d)","5.05%","4.93%","5.35%","4.23%","4.56%",null,"5.10%","5.18%",null,"19.77%","5.18%","5.51%"]
["Average tax equivalent yield - overall portfolio, net (d)",5.0999999999999997E-2,4.9799999999999997E-2,5.4199999999999998E-2,4.3099999999999999E-2,4.6300000000000001E-2,null,5.16E-2,5.2499999999999998E-2,null,5.0099999999999999E-2,5.2499999999999998E-2,5.5800000000000002E-2]
[]
["AFG consolidated net investment income:"]
["Property & Casualty core",195,189,205,161,170,null,589,568,null,729,568,398]
["Parent & other",7,8,7,7,10,null,22,33,null,40,33,23]
["Consolidate CLOs",-2,-9,-14,-9,-12,null,-25,-18,null,-27,-18,-6]
["Total net investment income",200,188,198,159,168,null,586,583,null,742,583,415]
[]
["Average cash and investments (c)",15748,15617,15616,15540,15264,null,15682,15161,null,15254,15161,15064]
[]
["Average yield - overall portfolio, net (d)","5.08%","4.82%","5.07%","4.09%","4.40%",null,"4.98%","5.13%",null,"19.46%","5.13%","5.51%"]
["Average yield - fixed maturities before inv expenses (d)",5.0799999999999998E-2,5.0599999999999999E-2,4.9500000000000002E-2,5.0099999999999999E-2,4.7399999999999998E-2,null,5.0299999999999997E-2,4.5999999999999999E-2,null,4.7E-2,4.5999999999999999E-2,4.5499999999999999E-2]
[]
["(a) Includes income from mortgage loans, real estate, short-term investments, and cash equivalents."]
["(b) Investment income on alternative investments is detailed on page 18."]
["(c) Average cash and investments is the average of the beginning and ending quarter balances, or the average of the five quarters balances."]
["(d) Average yield is calculated by dividing investment income for the period by the average balance."]

{"sheet":"Pg 18 Inv_MTM_II","index":18,"n_rows":44,"n_cols":13,"rows_kept":44,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Alternative Investments"]
["($ in millions)"]
[]
[null,"Three Months Ended",null,null,null,null,null,"Nine Months Ended"]
[null,"2024-09-30","2024-06-30","2024-03-31","2023-12-31","2023-09-30",null,"2024-09-30","2023-09-30",null,"2023-12-31","2023-09-30","2023-06-30"]
["Property and Casualty Insurance:"]
["Net Investment Income"]
["Fixed maturities MTM through investment income",8,1,1,-2,-11,null,10,1,null,-1,1,12]
["Equity securities MTM through investment income (a)",20,9,16,1,7,null,45,37,null,38,37,30]
["Investments accounted for using the equity method (b)",6,14,25,-3,17,null,45,102,null,99,102,85]
["AFG managed CLOs (eliminated in consolidation)",2,9,14,9,12,null,25,18,null,27,18,6]
["Total Property & Casualty",36,33,56,5,25,null,125,158,null,163,158,133]
[]
["Investments"]
["Fixed maturities MTM through investment income",51,32,18,17,17,null,51,17,null,17,17,28]
["Equity securities MTM through investment income (a)",563,544,494,440,411,null,563,411,null,440,411,423]
["Investments accounted for using the equity method (b)",1909,1880,1846,1812,1806,null,1909,1806,null,1812,1806,1755]
["AFG managed CLOs (eliminated in consolidation)",163,158,199,175,143,null,163,143,null,175,143,136]
["Total Property & Casualty",2686,2614,2557,2444,2377,null,2686,2377,null,2444,2377,2342]
[]
["Annualized Return - Property & Casualty",5.3999999999999999E-2,5.0999999999999997E-2,0.09,8.0000000000000002E-3,4.2000000000000003E-2,null,6.5000000000000002E-2,9.1999999999999998E-2,null,7.0000000000000007E-2,9.1999999999999998E-2,0.11799999999999999]
[]
["AFG Consolidated:"]
["Net Investment Income"]
["Fixed maturities MTM through investment income",8,1,1,-2,-11,null,10,1,null,-1,1,12]
["Equity securities MTM through investment income (a)",20,9,16,1,7,null,45,37,null,38,37,30]
["Investments accounted for using the equity method (b)",6,14,25,-3,17,null,45,102,null,99,102,85]
["AFG managed CLOs (eliminated in consolidation)",2,9,14,9,12,null,25,18,null,27,18,6]
["Total AFG Consolidated ",36,33,56,5,25,null,125,158,null,163,158,133]
[null,"","","","","",null,"",null,null,"","",""]
["Investments"]
["Fixed maturities MTM through investment income",51,32,18,17,17,null,51,17,null,17,17,28]
["Equity securities MTM through investment income (a)",563,544,494,440,411,null,563,411,null,440,411,423]
["Investments accounted for using the equity method (b)",1911,1882,1848,1814,1807,null,1911,1807,null,1814,1807,1756]
["AFG managed CLOs (eliminated in consolidation)",163,158,199,175,143,null,163,143,null,175,143,136]
["Total AFG Consolidated ",2688,2616,2559,2446,2378,null,2688,2378,null,2446,2378,2343]
[]
["Annualized Return - AFG Consolidated",5.3999999999999999E-2,5.0999999999999997E-2,8.8999999999999996E-2,8.0000000000000002E-3,4.2000000000000003E-2,null,6.5000000000000002E-2,9.1999999999999998E-2,null,7.0000000000000007E-2,9.1999999999999998E-2,0.11799999999999999]
[]
[]
["(a) AFG records holding gains and losses in net investment income on its portfolio of limited partnerships and similar investments that do not qualify "]
["     for equity method accounting and certain other securities classified at purchase as \"fair value through net investment income.\""]
["(b) The majority of AFG's investments accounted for using the equity method mark their underlying assets to market through net income."]

{"sheet":"Pg 19 Inv_FM_Cons","index":19,"n_rows":37,"n_cols":7,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["American Financial Group, Inc."]
["Fixed Maturities - By Security Type - AFG Consolidated"]
["($ in millions )"]
[]
[null,null,null,null,null,"% of"]
[null,null,null,"Unrealized","% of","Investment"]
["September 30, 2024","Book Value (a)","Fair Value","Gain (Loss)","Fair Value","Portfolio"]
["US Government and government agencies",182,180,-2,0.02,0.01]
["States, municipalities and political subdivisions",895,867,-28,0.08,0.06]
["Foreign government",289,290,1,0.03,0.02]
["Residential mortgage-backed securities",1892,1811,-81,0.17,0.12]
["Commercial mortgage-backed securities",51,51,0,0.01,0]
["Collateralized loan obligations",1298,1298,0,0.12,0.08]
["Other asset-backed securities",2459,2425,-34,0.23,0.15]
["Corporate and other bonds",3573,3591,18,"34%","23%"]
["Total AFG consolidated",10639,10513,-126,"100%","67%",""]
[null,null,null,null,""]
[]
["Approximate duration - P&C","3.2 years"]
["Approximate duration - P&C including cash","2.9 years"]
[null,null,null,null,null,"% of"]
[null,null,null,"Unrealized","% of","Investment"]
["December 31, 2023","Book Value (a)","Fair Value","Gain (Loss)","Fair Value","Portfolio"]
["US Government and government agencies",243,236,-7,0.02,0.02]
["States, municipalities and political subdivisions",1014,984,-30,0.09,0.06]
["Foreign government",288,282,-6,0.03,0.02]
["Residential mortgage-backed securities",1787,1658,-129,0.16,0.11]
["Commercial mortgage-backed securities",75,74,-1,0.01,0]
["Collateralized loan obligations",1706,1687,-19,0.16,0.11]
["Other asset-backed securities",2472,2362,-110,0.23,0.15]
["Corporate and other bonds",3212,3151,-61,"30%","21%"]
["Total AFG consolidated",10797,10434,-363,"100%","68%",""]
[null,null,null,null,""]
["Approximate duration - P&C","3.2 years"]
["Approximate duration - P&C including cash","2.9 years"]
[]
["(a) Book Value is amortized cost, net of allowance for expected credit losses."]

{"sheet":"Pg 20 FM_Rating_NAIC","index":20,"n_rows":51,"n_cols":11,"rows_kept":51,"cut":false,"hidden":false,"merged":[]}
["Appendix A"]
["American Financial Group, Inc."]
["Fixed Maturities by Credit Rating & NAIC Designation by Type"]
["9/30/2024"]
["($ in millions)"]
[]
[]
[null,"Fair Value by Type"]
["Credit Rating (a)","US Gov","Munis","Frgn Gov","RMBS","CMBS","CLOs","ABS","Corp/Oth","Total","% Total"]
["Investment grade"]
["AAA",0,343,269,1542,43,1207,892,14,4310,0.41]
["AA",180,471,10,101,7,86,263,178,1296,0.12]
["A",0,43,5,51,1,4,613,954,1671,0.16]
["BBB",0,8,6,21,0,0,513,2059,2607,0.25]
["  Subtotal - Investment grade",180,865,290,1715,51,1297,2281,3205,9884,0.94000000000000006]
[]
["BB",0,0,0,1,0,0,7,173,181,0.02]
["B",0,0,0,2,0,0,2,53,57,0.01]
["CCC, CC, C",0,0,0,32,0,0,3,18,53,0]
["D",0,0,0,0,0,0,0,0,0,"0%"]
["  Subtotal - Non-Investment grade",0,0,0,35,0,0,12,244,291,0.03]
[]
["Not Rated (b)",0,2,0,61,0,1,132,142,338,0.03]
[]
["Total",180,867,290,1811,51,1298,2425,3591,10513,"100%"]
[null,null,null,null,null,null,null,null,null,""]
[]
[null,"Fair Value by Type"]
["NAIC designation","US Gov","Munis","Frgn gov","RMBS","CMBS","CLOs","ABS","Corp/Oth","Total","% Total"]
["      1",180,853,241,1720,51,1250,1827,1154,7276,0.71]
["      2",0,8,0,19,0,0,502,2052,2581,"25%"]
["   Subtotal",180,861,241,1739,51,1250,2329,3206,9857,0.96]
[]
["      3",0,0,0,8,0,0,7,183,198,0.02]
["      4",0,0,0,1,0,0,2,82,85,0.01]
["      5",0,0,0,4,0,0,6,73,83,0.01]
["      6",0,0,0,4,0,0,0,2,6,"0%"]
["   Subtotal",0,0,0,17,0,0,15,340,372,"4%"]
[]
["Total insurance companies",180,861,241,1756,51,1250,2344,3546,10229,"100%"]
[]
["No NAIC designation (c)",0,0,0,0,0,1,22,7,30]
["Non-Insurance and Foreign Companies (d)",0,6,49,55,0,47,59,38,254]
["Total",180,867,290,1811,51,1298,2425,3591,10513,""]
[]
[" (a) If two agencies rate a security, the rating displayed above is the lower of the two; if three or more agencies rate a security, the rating displayed is the second lowest."]
["  (b) For ABS, 81% are NAIC 1 and 17% do not have a designation."]
["       For Corp/Oth, 13% are NAIC 1, 15% NAIC 2, 26% NAIC 4 and 38% NAIC 5."]
["       For Total, 50% are NAIC 1, 11% NAIC 4, 18% NAIC 5 and 9% do not have a designation."]
[" (c) Surplus notes and CLO equity tranches that are classified as other invested assets for STAT."]
[" (d) 98% are investment grade rated."]

{"sheet":"Pg 21 FM_Rating_NAIC_PY","index":21,"n_rows":51,"n_cols":11,"rows_kept":51,"cut":false,"hidden":false,"merged":[]}
["Appendix B"]
["American Financial Group, Inc."]
["Fixed Maturities by Credit Rating & NAIC Designation by Type"]
["12/31/2023"]
["($ in millions)"]
[]
[]
[null,"Fair Value by Type"]
["Credit Rating (a)","US Gov","Munis","Frgn Gov","RMBS","CMBS","CLOs","ABS","Corp/Oth","Total","% Total"]
["Investment grade"]
["AAA",0,371,261,1425,63,1500,961,23,4604,0.44]
["AA",236,560,10,99,7,173,261,160,1506,0.15]
["A",0,44,5,26,1,13,542,839,1470,0.14000000000000001]
["BBB",0,7,6,4,0,0,474,1740,2231,0.21]
["  Subtotal - Investment grade",236,982,282,1554,71,1686,2238,2762,9811,0.94]
[]
["BB",0,0,0,2,3,0,7,195,207,0.02]
["B",0,0,0,4,0,0,2,67,73,0.01]
["CCC, CC, C",0,0,0,29,0,0,5,7,41,0]
["D",0,0,0,4,0,0,0,0,4,"0%"]
["  Subtotal - Non-Investment grade",0,0,0,39,3,0,14,269,325,0.03]
[]
["Not Rated (b)",0,2,0,65,0,1,110,120,298,0.03]
[]
["Total",236,984,282,1658,74,1687,2362,3151,10434,"100%"]
[null,null,null,null,null,null,null,null,null,""]
[]
[null,"Fair Value by Type"]
["NAIC designation","US Gov","Munis","Frgn gov","RMBS","CMBS","CLOs","ABS","Corp/Oth","Total","% Total"]
["      1",236,977,230,1606,71,1633,1799,1043,7595,0.74]
["      2",0,7,0,2,0,0,474,1769,2252,"22%"]
["   Subtotal",236,984,230,1608,71,1633,2273,2812,9847,0.96]
[]
["      3",0,0,0,1,3,0,8,195,207,0.02]
["      4",0,0,0,1,0,0,1,61,63,0.01]
["      5",0,0,0,3,0,0,9,67,79,0.01]
["      6",0,0,0,5,0,0,0,0,5,"0%"]
["   Subtotal",0,0,0,10,3,0,18,323,354,"4%"]
[]
["Total insurance companies",236,984,230,1618,74,1633,2291,3135,10201,"100%"]
[]
["No NAIC designation (c)",0,0,0,0,0,1,9,11,21]
["Non-Insurance and Foreign Companies (d)",0,0,52,40,0,53,62,5,212]
["Total",236,984,282,1658,74,1687,2362,3151,10434,""]
[]
[" (a) If two agencies rate a security, the rating displayed above is the lower of the two; if three or more agencies rate a security, the rating displayed is the second lowest."]
["  (b) For ABS, 87% are NAIC 1 and 8% do not have a designation."]
["       For Corp/Oth, 21% are NAIC 1, 21% NAIC 2, 46% NAIC 5 and 9% do not have a designation."]
["       For Total, 58% are NAIC 1, 9% NAIC 2, 21% NAIC 5 and 7% do not have a designation."]
[" (c) Surplus notes and CLO equity tranches that are classified as other invested assets for STAT."]
[" (d) 98% are investment grade rated."]

{"sheet":"Pg 22 Corp_by_Rating","index":22,"n_rows":49,"n_cols":19,"rows_kept":49,"cut":false,"hidden":false,"merged":[[38,0,38,1],[32,0,32,1],[34,0,34,1],[35,0,35,1],[36,0,36,1],[37,0,37,1],[20,0,20,1],[29,0,29,1],[30,0,30,1],[31,0,31,1],[8,0,8,1],[9,0,9,1],[14,0,14,1],[15,0,15,1]]}
["Appendix C"]
["American Financial Group, Inc."]
["Corporate Securities by Credit Rating & NAIC Designation by Industry"]
["9/30/2024"]
["($ in millions)"]
[]
[]
[null,null,"Fair Value By Industry"]
["Credit Rating (a)",null,"Asset Managers","Banking","Technology","Insurance","Other Financials","Utilities","Consumer","Autos","REITs","Basic Industry","Retailers","Healthcare","Capital Goods","Media","Other","Total","% Total"]
["  Investment Grade"]
["AAA",null,0,0,11,0,0,0,0,0,0,0,0,0,0,0,3,14,0]
["AA",null,5,0,23,44,33,5,40,0,0,0,10,15,0,0,3,178,0.05]
["A",null,41,192,29,152,69,127,58,98,49,11,18,31,41,3,35,954,0.27]
["BBB",null,768,252,180,53,96,95,69,69,83,113,53,31,48,46,103,2059,"57%"]
["   Subtotal",null,814,444,243,249,198,227,167,167,132,124,81,77,89,49,144,3205,0.89]
[]
["BB",null,24,6,8,1,3,0,20,5,6,17,36,5,2,30,10,173,0.05]
["B",null,3,2,3,0,0,0,11,0,0,0,19,9,4,0,2,53,0.01]
["CCC, CC, C",null,0,0,2,0,0,0,0,0,0,0,0,11,0,0,5,18,0.01]
["D",null,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,"0%"]
["   Subtotal",null,27,8,13,1,3,0,31,5,6,17,55,25,6,30,17,244,7.0000000000000007E-2]
[]
["Not Rated (b)",null,0,0,17,7,27,0,18,0,8,0,0,32,12,20,1,142,"4%"]
[]
["Total",null,841,452,273,257,228,227,216,172,146,141,136,134,107,99,162,3591,"100%"]
[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,""]
[]
[]
[null,null,"Fair Value By Industry"]
["NAIC designation",null,"Asset Managers","Banking","Technology","Insurance","Other Financials","Utilities","Consumer","Autos","REITs","Basic Industry","Retailers","Healthcare","Capital Goods","Media","Other","Total","% Total"]
["    1",null,46,189,62,194,110,132,106,98,50,11,28,46,41,3,38,1154,0.33]
["    2",null,763,249,177,51,98,93,73,67,83,109,52,43,47,44,103,2052,"58%"]
["   Subtotal",null,809,438,239,245,208,225,179,165,133,120,80,89,88,47,141,3206,0.91]
[]
["    3",null,24,6,9,1,5,0,26,5,6,17,36,6,2,30,10,183,0.05]
["    4",null,4,2,13,0,13,0,5,0,0,0,19,20,4,0,2,82,0.02]
["    5",null,0,0,7,0,2,0,2,0,7,0,0,18,12,20,5,73,0.02]
["    6",null,0,0,0,0,0,0,2,0,0,0,0,0,0,0,0,2,"0%"]
["   Subtotal",null,28,8,29,1,20,0,35,5,13,17,55,44,18,50,17,340,0.09]
[]
["Total insurance companies",null,837,446,268,246,228,225,214,170,146,137,135,133,106,97,158,3546,"100%"]
[]
["No NAIC designation (c)",null,0,0,0,7,0,0,0,0,0,0,0,0,0,0,0,7]
["Non-Insurance and Foreign Companies","Total non-insurance",4,6,5,4,0,2,2,2,0,4,1,1,1,2,4,38]
["Total",null,841,452,273,257,228,227,216,172,146,141,136,134,107,99,162,3591]
[null,null,"","","","","","","","","","","","","","","",""]
[" (a) If two agencies rate a security, the rating displayed above is the lower of the two; if three or more agencies rate a security, the rating displayed is the second lowest."]
["  (b) 13% of not rated securities are NAIC 1, 15% NAIC 2, 26% NAIC 4 and 38% NAIC 5."]
[" (c) Surplus notes that are classified as other invested assets for STAT."]

{"sheet":"Pg 23 Corp_by_Rating_PY","index":23,"n_rows":49,"n_cols":18,"rows_kept":49,"cut":false,"hidden":false,"merged":[[38,0,38,1],[32,0,32,1],[34,0,34,1],[35,0,35,1],[36,0,36,1],[37,0,37,1],[20,0,20,1],[22,0,22,1],[29,0,29,1],[30,0,30,1],[31,0,31,1],[19,0,19,1],[8,0,8,1],[9,0,9,1],[10,0,10,1],[11,0,11,1],[12,0,12,1],[13,0,13,1],[14,0,14,1],[15,0,15,1],[16,0,16,1],[17,0,17,1],[18,0,18,1]]}
["Appendix D"]
["American Financial Group, Inc."]
["Corporate Securities by Credit Rating & NAIC Designation by Industry"]
["12/31/2023"]
["($ in millions)"]
[]
[]
[null,null,"Fair Value By Industry"]
["Credit Rating (a)",null,"Asset Managers","Banking","Technology","Insurance","Consumer","Other Financials","Utilities","Autos","REITs","Retailers","Basic Industry","Media","Capital Goods","Other","Total","% Total"]
["  Investment Grade"]
["      AAA",null,0,0,11,0,0,0,0,0,0,0,0,0,0,12,23,0.01]
["      AA",null,5,0,18,43,39,29,5,0,0,10,0,0,0,11,160,0.05]
["      A",null,33,190,57,151,44,45,86,61,47,18,11,3,35,58,839,0.27]
["      BBB",null,579,210,151,41,69,101,72,79,68,51,110,45,40,124,1740,"55%"]
["   Subtotal",null,617,400,237,235,152,175,163,140,115,79,121,48,75,205,2762,0.88]
[]
["      BB",null,23,2,24,3,27,5,0,5,0,40,15,35,1,15,195,0.06]
["      B",null,0,0,2,0,10,8,0,4,0,24,0,0,4,15,67,0.02]
["      CCC, CC, C",null,0,0,2,0,0,0,0,0,0,0,0,0,0,5,7,0]
["      D",null,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,"0%"]
["   Subtotal",null,23,2,28,3,37,13,0,9,0,64,15,35,5,35,269,0.08]
[]
["      Not Rated (b)",null,0,0,4,11,18,10,0,0,28,0,0,20,6,23,120,"4%"]
[]
["Total",null,640,402,269,249,207,198,163,149,143,143,136,103,86,263,3151,"100%"]
[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,""]
[]
[]
[null,null,"Fair Value By Industry"]
["NAIC designation",null,"Asset Managers","Banking","Technology","Insurance","Consumer","Other Financials","Utilities","Autos","REITs","Retailers","Basic Industry","Media","Capital Goods","Other","Total","% Total"]
["    1",null,38,190,86,194,92,82,92,61,55,28,11,3,35,76,1043,0.33]
["    2",null,579,210,151,41,75,102,71,84,81,51,110,45,40,129,1769,"57%"]
["   Subtotal",null,617,400,237,235,167,184,163,145,136,79,121,48,75,205,2812,0.9]
[]
["    3",null,23,2,23,3,32,6,0,0,0,40,14,35,2,15,195,0.06]
["    4",null,0,0,1,0,4,8,0,4,0,24,0,0,4,16,61,0.02]
["    5",null,0,0,8,0,4,0,0,0,7,0,1,20,5,22,67,0.02]
["    6",null,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,"0%"]
["   Subtotal",null,23,2,32,3,40,14,0,4,7,64,15,55,11,53,323,0.1]
[]
["Total insurance companies",null,640,402,269,238,207,198,163,149,143,143,136,103,86,258,3135,"100%"]
[]
["No NAIC designation (c)",null,0,0,0,11,0,0,0,0,0,0,0,0,0,0,11]
["Non-Insurance and Foreign Companies","Total non-insurance",0,0,0,0,0,0,0,0,0,0,0,0,0,5,5]
["Total",null,640,402,269,249,207,198,163,149,143,143,136,103,86,263,3151]
[null,null,"","","","","","","","","","","","","","",""]
[" (a) If two agencies rate a security, the rating displayed above is the lower of the two; if three or more agencies rate a security, the rating displayed is the second lowest."]
["  (b) 21% of not rated securities are NAIC 1, 21% NAIC 2, 46% NAIC 5 and 9% do not have a designation."]
["  (c) Surplus notes that are classified as other invested assets for STAT."]

{"sheet":"Pg 24 ABS_by_Rating","index":24,"n_rows":49,"n_cols":15,"rows_kept":49,"cut":false,"hidden":false,"merged":[[35,0,35,1],[36,0,36,1],[37,0,37,1],[28,0,28,1],[29,0,29,1],[30,0,30,1],[31,0,31,1],[33,0,33,1],[34,0,34,1],[7,0,7,1],[8,0,8,1],[13,0,13,1],[14,0,14,1],[19,0,19,1]]}
["Appendix E"]
["American Financial Group, Inc."]
["Asset-Backed Securities by Credit Rating & NAIC Designation by Collateral Type"]
["9/30/2024"]
["($ in millions)"]
[]
[null,null,"Fair Value By Collateral Type"]
["Credit Rating (a)",null,"Whole Business","Commercial Real Estate","Secured Financing (c)","Triple Net Lease","Railcar","TruPS","Aircraft","Single Family Rental","Auto","Other","Total","% Total"]
["  Investment Grade"]
["AAA",null,0,311,25,176,0,38,8,157,70,107,892,0.37]
["AA",null,67,0,25,3,10,132,4,0,0,22,263,0.11]
["A",null,10,0,69,17,173,18,111,0,0,215,613,0.25]
["BBB",null,420,0,1,0,6,0,22,0,0,64,513,"21%"]
["   Subtotal",null,497,311,120,196,189,188,145,157,70,408,2281,0.94]
[]
["BB",null,0,0,1,0,0,0,5,0,0,1,7,0]
["B",null,0,0,1,0,0,0,1,0,0,0,2,0]
["CCC, CC, C",null,0,0,0,0,0,0,3,0,0,0,3,0]
["D",null,0,0,0,0,0,0,0,0,0,0,0,"0%"]
["   Subtotal",null,0,0,2,0,0,0,9,0,0,1,12,0]
[]
["Not Rated (b)",null,0,0,102,0,0,0,3,0,0,27,132,"6%"]
[]
["Total",null,497,311,224,196,189,188,157,157,70,436,2425,"100%"]
[null,null,null,null,null,null,null,null,null,null,null,null,""]
[]
[]
[null,null,"Fair Value By Collateral Type"]
["NAIC designation",null,"Whole Business","Commercial Real Estate","Secured Financing (c)","Triple Net Lease","Railcar","TruPS","Aircraft","Single Family Rental","Auto","Other","Total","% Total"]
["    1",null,77,286,222,193,180,185,121,151,67,345,1827,0.78]
["    2",null,409,0,1,0,7,0,22,0,0,63,502,"21%"]
["   Subtotal",null,486,286,223,193,187,185,143,151,67,408,2329,0.99]
[]
["    3",null,0,0,1,0,0,0,5,0,0,1,7,0.01]
["    4",null,0,0,0,0,0,0,2,0,0,0,2,0]
["    5",null,0,0,0,0,0,0,5,0,0,1,6,0]
["    6",null,0,0,0,0,0,0,0,0,0,0,0,"0%"]
["   Subtotal",null,0,0,1,0,0,0,12,0,0,2,15,0.01]
[]
["Total insurance companies",null,486,286,224,193,187,185,155,151,67,410,2344,"100%"]
[]
["No NAIC designation",null,0,0,0,0,0,0,0,0,0,22,22]
["Non-Insurance and Foreign Companies",null,11,25,0,3,2,3,2,6,3,4,59]
["Total",null,497,311,224,196,189,188,157,157,70,436,2425,""]
[null,null,"","","","","","","","","","","",null,""]
[]
[" (a) If two agencies rate a security, the rating displayed above is the lower of the two; if three or more agencies rate a security, the rating displayed is the second lowest."]
["  (b) 81% of not rated securities are NAIC 1 and 17% do not have a designation."]
[" (c) Secured Financings are privately placed funding agreements secured primarily by Single Family Rental properties and Bank Loans."]

{"sheet":"Pg 25 ABS_by_Rating_PY","index":25,"n_rows":49,"n_cols":15,"rows_kept":49,"cut":false,"hidden":false,"merged":[[37,0,37,1],[31,0,31,1],[33,0,33,1],[34,0,34,1],[35,0,35,1],[36,0,36,1],[19,0,19,1],[21,0,21,1],[28,0,28,1],[29,0,29,1],[30,0,30,1],[18,0,18,1],[7,0,7,1],[8,0,8,1],[9,0,9,1],[10,0,10,1],[11,0,11,1],[12,0,12,1],[13,0,13,1],[14,0,14,1],[15,0,15,1],[16,0,16,1],[17,0,17,1]]}
["Appendix F"]
["American Financial Group, Inc."]
["Asset-Backed Securities by Credit Rating & NAIC Designation by Collateral Type"]
["12/31/2023"]
["($ in millions)",null,null,null,null,null,null,null,null,null," "]
[]
[null,null,"Fair Value By Collateral Type"]
["Credit Rating (a)",null,"Whole Business","Commercial Real Estate","Secured Financing (c)","TruPS","Single Family Rental","Triple Net Lease","Railcar","Aircraft","Auto","Other","Total","% Total"]
["  Investment Grade"]
["      AAA",null,0,385,24,46,191,157,0,0,67,91,961,0.41]
["      AA",null,55,6,20,140,1,2,0,5,14,18,261,0.11]
["      A",null,10,0,75,16,0,24,168,54,0,195,542,0.23]
["      BBB",null,366,0,1,0,0,0,6,30,0,71,474,"20%"]
["   Subtotal",null,431,391,120,202,192,183,174,89,81,375,2238,0.95]
[]
["      BB",null,0,0,1,0,0,0,0,6,0,0,7,0]
["      B",null,0,0,1,0,0,0,0,1,0,0,2,0]
["      CCC, CC, C",null,0,0,0,0,0,0,0,5,0,0,5,0]
["      D",null,0,0,0,0,0,0,0,0,0,0,0,"0%"]
["   Subtotal",null,0,0,2,0,0,0,0,12,0,0,14,0]
[]
["      Not Rated (b)",null,0,0,96,0,0,0,0,5,0,9,110,"5%"]
[]
["Total",null,431,391,218,202,192,183,174,106,81,384,2362,"100%"]
[null,null,null,null,null,null,null,null,null,null,null,null,""]
[]
[]
[null,null,"Fair Value By Collateral Type"]
["NAIC designation",null,"Whole Business","Commercial Real Estate","Secured Financing (c)","TruPS","Single Family Rental","Triple Net Lease","Railcar","Aircraft","Auto","Other","Total","% Total"]
["    1",null,65,331,215,202,192,183,167,60,81,303,1799,0.79]
["    2",null,366,0,1,0,0,0,7,30,0,70,474,"21%"]
["   Subtotal",null,431,331,216,202,192,183,174,90,81,373,2273,1]
[]
["    3",null,0,0,2,0,0,0,0,6,0,0,8,0]
["    4",null,0,0,0,0,0,0,0,1,0,0,1,0]
["    5",null,0,0,0,0,0,0,0,9,0,0,9,0]
["    6",null,0,0,0,0,0,0,0,0,0,0,0,"0%"]
["   Subtotal",null,0,0,2,0,0,0,0,16,0,0,18,0]
[]
["Total insurance companies",null,431,331,218,202,192,183,174,106,81,373,2291,"100%"]
[]
["No NAIC designation",null,0,0,0,0,0,0,0,0,0,9,9]
["Non-Insurance and Foreign Companies",null,0,60,0,0,0,0,0,0,0,2,62]
["Total",null,431,391,218,202,192,183,174,106,81,384,2362,""]
[null,null,"","","","","","","","","","","",null,""]
[]
[" (a) If two agencies rate a security, the rating displayed above is the lower of the two; if three or more agencies rate a security, the rating displayed is the second lowest."]
["  (b) 87% of not rated securities are NAIC 1 and 8% do not have a designation."]
[" (c) Secured Financings are privately placed funding agreements secured primarily by Single Family Rental properties and Bank Loans."]

{"sheet":"Pg 26 Real_Estate_Investment","index":26,"n_rows":49,"n_cols":5,"rows_kept":49,"cut":false,"hidden":false,"merged":[]}
["Appendix G"]
["American Financial Group, Inc."]
["Real Estate-Related Investments"]
["9/30/2024"]
["($ in millions)"]
[]
[]
[]
["Investments accounted for using equity method (Real Estate Funds/Investments) (a)"]
[]
[null,null,"% of "]
["Investment Type","Book Value","Book Value","Occupancy (b)","Collection Rate (c)"]
[]
[" Multi-family",1214,0.9,0.94,0.97]
[" Fund Investments",75,0.06,"-","-"]
[" QOZ Fund - Development",28,0.02,"-","-"]
[" Office",16,0.01,0.91,1]
[" Hospitality",10,0.01,"-","-"]
[" Land Development",6,0,"-","-"]
["Total ",1349,"100%"]
[]
[]
["Real Estate"]
[null,null,"% of "]
["Property Type","Book Value","Book Value","Debt"]
[]
["Resort & Marina",49,0.51,0]
["Marina",35,0.37,0]
["Office Building",10,0.1,0]
["Land",2,"2%",0]
["Total ",96,"100%",0]
[]
[]
["Mortgage Loans"]
[null,null,"% of ","Loan To "]
["Property Type","Book Value","Book Value","Value"]
[]
["Multifamily",542,0.71,0.66]
["Hospitality",123,0.16,0.49]
["Marina",52,7.0000000000000007E-2,0.52]
["Office",48,"6%","98%"]
["Total ",765,"100%","64%",""]
[null,""]
["Currently, no loans are receiving interest deferral through forbearance agreements. "]
[]
[]
["(a) Total investments accounted for using the equity method is $1.9 billion, the amounts presented in this table only relate to real estate funds/investments."]
["(b) Occupancy as of 9/30/24"]
["(c) Collections for July - September"]

{"sheet":"Pg 27 Real_Estate_Investment_PY","index":27,"n_rows":48,"n_cols":5,"rows_kept":48,"cut":false,"hidden":false,"merged":[]}
["Appendix H"]
["American Financial Group, Inc."]
["Real Estate-Related Investments"]
["12/31/2023"]
["($ in millions)"]
[]
[]
[]
["Investments accounted for using equity method (Real Estate Funds/Investments) (a)"]
[]
[null,null,"% of "]
["Investment Type","Book Value","Book Value","Occupancy (b)","Collection Rate (c)"]
[]
[" Multi-family",1205,0.91,0.94,0.97]
[" Fund Investments",59,0.05,"-","-"]
[" QOZ Fund - Development",25,0.02,"-","-"]
[" Office",16,0.01,0.88,1]
[" Hospitality",10,0.01,"-","-"]
[" Land Development",5,0,"-","-"]
["Total ",1320,"100%"]
[]
[]
["Real Estate"]
[null,null,"% of "]
["Property Type","Book Value","Book Value","Debt"]
[]
["Resort & Marina",50,0.52,0]
["Marina",36,0.37,0]
["Office Building",9,0.09,0]
["Land",2,"2%",0]
["Total ",97,"100%",0]
[]
[]
["Mortgage Loans"]
[null,null,"% of ","Loan To "]
["Property Type","Book Value","Book Value","Value"]
[]
["Multifamily",462,0.72,0.66]
["Hospitality",125,0.19,0.49]
["Office",56,"9%","89%"]
["Total ",643,"100%","65%",""]
[]
["Currently, no loans are receiving interest deferral through forbearance agreements. "]
[]
[]
["(a) Total investments accounted for using the equity method is $1.8 billion, the amounts presented in this table only relate to real estate funds/investments. "]
["(b) Occupancy as of 12/31/23"]
["(c) Collections for October - December"]