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American Financial Group AFG Annuity — Benefits, claims, losses and settlement expenses

Discontinued — last reported Q4 '20

Similar metrics at other companies

Prudential Financial logo
PRUIndividual Annuities — Benefits, Claims, Losses and Settlement Expenses
$140.25M-15.5%
Globe Life logo
GLAnnuity — Benefits, Losses and Expenses
-$1.72M+17.1%
Globe Life logo
GLAnnuity — Policyholder Benefits and Claims Incurred, Net
$5.72M-16.6%
Prudential Financial logo
PRUAnnuities — Claims paid
-$17M+15.0%
Globe Life logo
GLAnnuity — Insurance administrative expense
$0
Prudential Financial logo
PRUVariable Annuity — Claims paid
-$136M+2.9%

Other financials

Income statement

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Revenue$1.9B-0.1%
Operating income$239.0M+21.3%
Net income$191.0M+24.0%
EPS (diluted)$2.29+24.5%

Balance sheet

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Cash & equivalents$1.4B+6.0%
Total debt$2.0B+19.3%
Total equity$4.7B+6.5%
Total assets$32.4B+6.8%

Cash flow

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Operating cash flow$474.0M+38.6%

Valuation

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Market cap$11.04B-3.6%
Enterprise value$11.72B-1.2%
P/E12.6×-1.8×
P/S1.4×0.0×

Profitability

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Operating margin13.6%+1.4pp
Net margin10.8%+1.1pp

Returns & leverage

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Return on equity19.4%+0.9pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by American Financial Group in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense.

The official record: American Financial Group’s 10-K, filed February 25, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does annuity — benefits, claims, losses and settlement expenses mean?
The total costs paid out for annuity benefits and claims during the period.
How do you interpret annuity — benefits, claims, losses and settlement expenses?
A lower ratio relative to premiums earned indicates better underwriting profitability.
How does annuity — benefits, claims, losses and settlement expenses compare across companies?
Standard expense metric for all insurance segments.