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American Financial Group AFG Reserve for insurance claims

Reserve for insurance claims at other companies

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Other financials

Income statement

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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

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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

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Operating cash flow$92.0M-51.8%

Valuation

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

Profitability

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

Returns & leverage

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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:LiabilityForClaimsAndClaimsAdjustmentExpense.

The source filing: American Financial Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 3:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001042046-26-000024
Line itemJune 30,2026December 31,2025
Goodwill327327
Total assets$33,034$32,642
Liabilities and Equity:
Unpaid losses and loss adjustment expenses$14,842$15,094
Unearned premiums4,2973,736
Payable to reinsurers1,1331,195
Liabilities of managed investment entities3,9933,907
Long-term debt1,8211,820

ITEM 1. — FINANCIAL STATEMENTS

FAQ

What is American Financial Group's reserve for insurance claims?
American Financial Group (AFG) reported reserve for insurance claims of $14.84B in Q2 2026.
How has American Financial Group's reserve for insurance claims changed year-over-year?
American Financial Group's reserve for insurance claims increased by 7.3% year-over-year, from $13.83B to $14.84B.
What is the long-term trend for American Financial Group's reserve for insurance claims?
Over 5 years (2020 to 2025), American Financial Group's reserve for insurance claims has grown at a 7.8% compound annual growth rate (CAGR), from $10.39B to $15.09B.
What does reserve for insurance claims mean?
This is the estimated liability for insurance claims that have been reported but not yet paid, as well as claims that have been incurred but not yet reported (IBNR). It is a critical measure of the company's long-term insurance obligations.

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