Goodwill and Other Intangibles

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

There were no changes in the goodwill balance of $246 million during the first three months of 2022.

Included in other assets in AFG’s Balance Sheet is $104 million at March 31, 2022 and $106 million at December 31, 2021 in amortizable intangible assets related to property and casualty insurance acquisitions. These amounts are net of accumulated amortization of $15 million and $67 million, respectively. Amortization of intangibles was $2 million and $3 million in the first three months of 2022 and 2021, respectively.