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American Financial Group AFG Reinsurance balances payable

Reinsurance balances payable at other companies

W.R. Berkley logo
W.R. BerkleyWRB
$627.76M-3.0%
Chubb logo
ChubbCB
$8.49B+0.5%
Reinsurance Group of America logo
Reinsurance Group of AmericaRGA
$1.5B+15.8%
RenaissanceRe Holdings logo
RenaissanceRe HoldingsRNR
$2.82B-1.2%
Arch Capital Group logo
Arch Capital GroupACGL
$2.74B+2.9%
Everest Group logo
Everest GroupEG
$624M-20.1%

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:ReinsurancePayable.

The official record: American Financial Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Financial Group's reinsurance balances payable?
American Financial Group (AFG) reported reinsurance balances payable of $1.07B in Q1 2026.
How has American Financial Group's reinsurance balances payable changed year-over-year?
American Financial Group's reinsurance balances payable increased by 3.6% year-over-year, from $1.03B to $1.07B.
What is the long-term trend for American Financial Group's reinsurance balances payable?
Over 5 years (2020 to 2025), American Financial Group's reinsurance balances payable has grown at a 8.2% compound annual growth rate (CAGR), from $807M to $1.2B.
What does reinsurance balances payable mean?
The amount of money the company owes to its reinsurance partners for ceded premiums and claims.
How do you interpret reinsurance balances payable?
An increase may indicate higher levels of ceded risk or timing differences in settlement, while a decrease suggests faster settlement or reduced reliance on reinsurance.
How does reinsurance balances payable compare across companies?
Standard across P&C insurers; peers with higher reliance on reinsurance will show larger balances.