Goodwill and Other Intangibles

9 Months Ended

Sep. 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 nine months of 2019. Included in other assets in AFG’s Balance Sheet is $45 million at September 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 $48 million and $39 million, respectively. Amortization of intangibles was $3 million in both the third quarters of 2019 and 2018 and $9 million and $7 million in the first nine months of 2019 and 2018, respectively.