Goodwill and Other Intangibles

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

There were no changes in the goodwill balance of $207 million during the first six months of 2019. Included in other assets in AFG’s Balance Sheet is $48 million at June 30, 2019 and $54 million at December 31, 2018 in amortizable intangible assets related to property and casualty insurance acquisitions. These amounts are net of accumulated amortization of $45 million and $39 million, respectively. Amortization of intangibles was $3 million and $2 million in the second quarters of 2019 and 2018, respectively, and $6 million and $4 million in the first six months of 2019 and 2018, respectively.