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American Financial Group AFG Reinsurance recoverable on unpaid losses and loss expenses

Reinsurance recoverable on unpaid losses and loss expenses at other companies

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Segments

By segment

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Property and casualty insurance$5.31B+7.0%

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:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

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 recoverable on unpaid losses and loss expenses?
American Financial Group (AFG) reported reinsurance recoverable on unpaid losses and loss expenses of $5.11B in Q1 2026.
How has American Financial Group's reinsurance recoverable on unpaid losses and loss expenses changed year-over-year?
American Financial Group's reinsurance recoverable on unpaid losses and loss expenses increased by 7.5% year-over-year, from $4.75B to $5.11B.
What is the long-term trend for American Financial Group's reinsurance recoverable on unpaid losses and loss expenses?
Over 5 years (2020 to 2025), American Financial Group's reinsurance recoverable on unpaid losses and loss expenses has grown at a 11.2% compound annual growth rate (CAGR), from $3.12B to $5.31B.
What does reinsurance recoverable on unpaid losses and loss expenses mean?
The amount of money the company expects to get back from reinsurers for claims it has already paid or expects to pay.
How do you interpret reinsurance recoverable on unpaid losses and loss expenses?
An increase suggests higher reinsurance utilization, which reduces net risk but increases exposure to reinsurer creditworthiness.
How does reinsurance recoverable on unpaid losses and loss expenses compare across companies?
Standard for all insurance companies; peers report this as a key asset to mitigate underwriting risk.