Goodwill and Other Intangibles

3 Months Ended

Mar. 31, 2020

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 three months of 2020. Included in other assets in AFG’s Balance Sheet is $40 million at March 31, 2020 and $43 million at December 31, 2019 in amortizable intangible assets related to property and casualty insurance acquisitions. These amounts are net of accumulated amortization of $53 million and $50 million, respectively. Amortization of intangibles was $3 million in both the first three months of 2020 and 2019.