Skip to content
Screener

American Financial Group AFG Property and casualty insurance — Deferred policy acquisition costs

Similar metrics at other companies

Cincinnati Financial logo
CINFProperty, Liability and Casualty Insurance — Deferred policy acquisition costs
$974M+9.9%
Allstate logo
ALLCorporate — Deferred policy acquisition costs
$0
Equitable Holdings logo
EQHRetirement — Deferred policy acquisition costs
$5.16B+8.0%
Hamilton Insurance Group, Ltd. logo
HGBermuda — Deferred policy acquisition costs
$126.91M+28.2%
Hamilton Insurance Group, Ltd. logo
HGInternational — Deferred policy acquisition costs
$130.3M+18.4%
Equitable Holdings logo
EQHAsset Management — Deferred policy acquisition costs
$0

Other financials

Income statement

See full
Revenue$2.0B+5.5%
Operating income$316.0M+38.0%
Net income$248.0M+42.5%
EPS (diluted)$2.99+44.4%

Balance sheet

See full
Cash & equivalents$1.4B+13.4%
Total debt$2.0B+19.3%
Total equity$4.8B+6.8%
Total assets$33.0B+7.7%

Cash flow

See full
Operating cash flow$92.0M-51.8%

Valuation

See full
Market cap$12.19B+14.3%
Enterprise value$12.78B+15.2%
P/E12.8×-1.2×
P/S1.5×+0.2×

Profitability

See full
Operating margin14.5%+2.8pp
Net margin11.5%+2.3pp

Returns & leverage

See full
Return on equity20.4%+3.2pp
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:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

The source filing: American Financial Group’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 3:19 PM EST
Fiscal year
FY2025
Accession
0001042046-26-000010
SegmentDeferred policy acquisition costsReserves for claims and unpaid losses and LAEUnearned premiumsNet earned premiumsNet investment incomeClaims, losses and settlement expensesAmortization of deferred policy acquisition costsOther operating expensesNet written premiums
2025
Property and casualty insurance$333$15,094$3,736$7,046$725$4,388$775$1,333$7,110
Other20605
Total$333$15,094$3,736$7,046$745$4,388$775$1,938$7,110
2024
Property and casualty insurance$320$14,179$3,584$7,036$784$4,455$766$1,279$7,139
Other(4)5695
Total$320$14,179$3,584$7,036$780$4,460$766$1,974$7,139

Item 15. S-1

FAQ

What is American Financial Group's property and casualty insurance — deferred policy acquisition costs?
American Financial Group (AFG) reported property and casualty insurance — deferred policy acquisition costs of $333M in Q4 2025.
How has American Financial Group's property and casualty insurance — deferred policy acquisition costs changed year-over-year?
American Financial Group's property and casualty insurance — deferred policy acquisition costs increased by 4.1% year-over-year, from $320M to $333M.
What does property and casualty insurance — deferred policy acquisition costs mean?
This represents the capitalized costs directly associated with the acquisition of new or renewal insurance contracts, such as commissions and underwriting expenses. These costs are deferred and amortized over the life of the related insurance policies to match expenses with the recognition of premium revenue. It serves as a key indicator of the company's investment in business growth and future revenue generation.

Ask your AI about American Financial Group's property and casualty insurance — deferred policy acquisition costs.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude