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American Financial Group AFG Claims and claim adjustment expense reserves

Claims and claim adjustment expense reserves at other companies

The Travelers Companies logo
The Travelers CompaniesTRV
$65.74B+2.6%
American International Group logo
American International GroupAIG
$72.05B+2.2%

Segments

By segment

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Property and casualty insurance$15.09B+6.5%

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:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

The official record: American Financial Group’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Financial Group's claims and claim adjustment expense reserves?
American Financial Group (AFG) reported claims and claim adjustment expense reserves of $15.09B in Q4 2025.
How has American Financial Group's claims and claim adjustment expense reserves changed year-over-year?
American Financial Group's claims and claim adjustment expense reserves increased by 6.5% year-over-year, from $14.18B to $15.09B.
What is the long-term trend for American Financial Group's claims and claim adjustment expense reserves?
Over 5 years (2020 to 2025), American Financial Group's claims and claim adjustment expense reserves has grown at a 7.8% compound annual growth rate (CAGR), from $10.39B to $15.09B.
What does claims and claim adjustment expense reserves mean?
The total amount of money the company has set aside to pay for all insurance claims that have occurred but are not yet fully paid.
How do you interpret claims and claim adjustment expense reserves?
An increase generally reflects growth in the insurance book of business or changes in loss trends, while a decrease may reflect shrinking business or improved loss experience.
How does claims and claim adjustment expense reserves compare across companies?
A core metric for all insurance companies; essential for comparing the scale and risk profile of underwriting operations.