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American Financial Group Inc. – ‘10-Q’ for 6/30/20 – ‘EX-31.C’

On:  Thursday, 8/6/20, at 2:10pm ET   ·   For:  6/30/20   ·   Accession #:  1042046-20-32   ·   File #:  1-13653

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  As Of               Filer                 Filing    For·On·As Docs:Size

 8/06/20  American Financial Group Inc.     10-Q        6/30/20   90:26M

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.84M 
 2: EX-31.A     Certification -- §302 - SOA'02                      HTML     31K 
 3: EX-31.B     Certification -- §302 - SOA'02                      HTML     31K 
 4: EX-31.C     Certification -- §302 - SOA'02                      HTML     31K 
 5: EX-32       Certification -- §906 - SOA'02                      HTML     30K 
12: R1          Document and Entity Information                     HTML     93K 
13: R2          Consolidated Balance Sheet (Unaudited)              HTML    145K 
14: R3          Consolidated Balance Sheet (Unaudited)              HTML     37K 
                (Parenthetical)                                                  
15: R4          Consolidated Statement of Earnings (Unaudited)      HTML    116K 
16: R5          Consolidated Statement of Comprehensive Income      HTML     65K 
                (Unaudited)                                                      
17: R6          Consolidated Statement of Changes in Equity         HTML    167K 
                (Unaudited)                                                      
18: R7          Consolidated Statement of Changes in Equity         HTML     28K 
                (Unaudited) (Parenthetical)                                      
19: R8          Consolidated Statement of Cash Flows (Unaudited)    HTML    131K 
20: R9          Accounting Policies                                 HTML     75K 
21: R10         Acquisition of Business                             HTML     29K 
22: R11         Segments of Operations                              HTML    145K 
23: R12         Fair Value Measurements                             HTML    662K 
24: R13         Investments                                         HTML    521K 
25: R14         Derivatives                                         HTML     92K 
26: R15         Deferred Policy Acquisition Costs                   HTML    238K 
27: R16         Managed Investment Entities                         HTML     52K 
28: R17         Goodwill and Other Intangibles                      HTML     27K 
29: R18         Long-Term Debt                                      HTML     90K 
30: R19         Shareholders' Equity                                HTML    211K 
31: R20         Income Taxes                                        HTML    111K 
32: R21         Contingencies                                       HTML     29K 
33: R22         Insurance                                           HTML     74K 
34: R23         Accounting Policies (Policies)                      HTML    150K 
35: R24         Segments of Operations (Tables)                     HTML    140K 
36: R25         Fair Value Measurements (Tables)                    HTML   1.06M 
37: R26         Investments (Tables)                                HTML    533K 
38: R27         Derivatives (Tables)                                HTML     88K 
39: R28         Deferred Policy Acquisition Costs (Tables)          HTML    237K 
40: R29         Managed Investment Entities (Tables)                HTML     52K 
41: R30         Long-Term Debt (Tables)                             HTML     92K 
42: R31         Shareholders' Equity (Tables)                       HTML    209K 
43: R32         Income Taxes (Tables)                               HTML    108K 
44: R33         Insurance (Tables)                                  HTML     73K 
45: R34         Accounting Policies - Narrative (Details)           HTML     55K 
46: R35         Acquisition of Business - Narrative (Details)       HTML     48K 
47: R36         Segments of Operations - Narrative (Details)        HTML     57K 
48: R37         Segments of Operations - Revenues by segment and    HTML     70K 
                sub-segment (Details)                                            
49: R38         Segments of Operations - Earnings before income     HTML     61K 
                taxes by segment and sub-segment (Details)                       
50: R39         Fair Value Measurements - Narrative (Details)       HTML     70K 
51: R40         Fair Value Measurements - Assets and liabilities    HTML    161K 
                measured and carried at fair value in the                        
                financial statements (Details)                                   
52: R41         Fair Value Measurements - Unobservable inputs used  HTML     44K 
                in determining fair value of embedded derivatives                
                (Details)                                                        
53: R42         Fair Value Measurements - Changes in balances of    HTML    102K 
                Level??3 financial assets carried at fair value                  
                (Details)                                                        
54: R43         Fair Value Measurements - Changes in balances of    HTML     51K 
                Level??3 financial liabilities carried at fair                   
                value (Details)                                                  
55: R44         Fair Value Measurements - The carrying value and    HTML     68K 
                fair value of financial instruments (Details)                    
56: R45         Investments - Narrative (Details)                   HTML     78K 
57: R46         Investments - Available for sale fixed maturities   HTML     94K 
                (Details)                                                        
58: R47         Investments - Equity securities reported at fair    HTML     39K 
                value (Details)                                                  
59: R48         Investments - Gross unrealized losses on            HTML     75K 
                securities by investment category and length of                  
                time that have been in a continuous unrealized                   
                loss position (Details)                                          
60: R49         Investments - Allowance for credit losses on fixed  HTML     54K 
                maturities (Details)                                             
61: R50         Investments - Scheduled maturities of available     HTML     88K 
                for sale fixed maturities (Details)                              
62: R51         Investments - Components of the net unrealized      HTML     55K 
                gain on securities that is included in AOCI in the               
                Balance Sheet (Details)                                          
63: R52         Investments - Schedule of sources of net            HTML     50K 
                investment income (Details)                                      
64: R53         Investments - Realized gains (Losses) and Changes   HTML     63K 
                in Unrealized Appreciation (Depreciation) Related                
                to Fixed Maturity and Equity Security Investments                
                (Details)                                                        
65: R54         Investments - Holding gains (Losses) on Equity      HTML     43K 
                Securities Still Held (Details)                                  
66: R55         Investments - Gross realized gains and losses on    HTML     30K 
                available for sale fixed maturity investment                     
                transactions (Details)                                           
67: R56         Derivatives - Narrative (Details)                   HTML     60K 
68: R57         Derivatives - Derivatives that do not qualify for   HTML     49K 
                hedge accounting under GAAP included in the                      
                Balance Sheet at fair value (Details)                            
69: R58         Derivatives - Gain (loss) included in the           HTML     44K 
                Statement of Earnings for changes in the fair                    
                value of derivatives that do not qualify for hedge               
                accounting (Details)                                             
70: R59         Deferred Policy Acquisition Costs - Narrative       HTML     27K 
                (Details)                                                        
71: R60         Deferred Policy Acquisition Costs - Progression of  HTML    101K 
                deferred policy acquisition costs (Details)                      
72: R61         Managed Investment Entities - Narrative (Details)   HTML     61K 
73: R62         Managed Investment Entities - Selected financial    HTML     41K 
                information related to CLOs (Details)                            
74: R63         Goodwill and Other Intangibles - Narrative          HTML     38K 
                (Details)                                                        
75: R64         Long-Term Debt - Narrative (Details)                HTML     75K 
76: R65         Long-Term Debt - Schedule of long-term debt         HTML     75K 
                (Details)                                                        
77: R66         Shareholders' Equity - Preferred stock authorized   HTML     33K 
                for issuance (Details)                                           
78: R67         Shareholders' Equity - Narrative (Details)          HTML     35K 
79: R68         Shareholders' Equity - Progression of the           HTML    123K 
                components of accumulated other comprehensive                    
                income (Details)                                                 
80: R69         Income Taxes - Narrative (Details)                  HTML     30K 
81: R70         Income Taxes - Reconciliation of income taxes at    HTML     84K 
                the statutory rate to the provision for income                   
                taxes (Details)                                                  
82: R71         Contingencies - Narrative (Details)                 HTML     31K 
83: R72         Insurance - Narrative (Details)                     HTML     30K 
84: R73         Insurance - Analysis of changes in the liability    HTML     57K 
                for losses and loss adjustment expenses, net of                  
                reinsurance (Details)                                            
85: R74         Insurance - Recoverables from reinsurance,          HTML     33K 
                progression of allowance for expected credit                     
                losses (Details)                                                 
86: R75         Insurance - Premiums receivable, progression of     HTML     34K 
                allowance for expected credit losses (Details)                   
88: XML         IDEA XML File -- Filing Summary                      XML    165K 
11: XML         XBRL Instance -- afg-20200630_htm                    XML   8.47M 
87: EXCEL       IDEA Workbook of Financial Reports                  XLSX    151K 
 7: EX-101.CAL  XBRL Calculations -- afg-20200630_cal                XML    312K 
 8: EX-101.DEF  XBRL Definitions -- afg-20200630_def                 XML   1.22M 
 9: EX-101.LAB  XBRL Labels -- afg-20200630_lab                      XML   2.41M 
10: EX-101.PRE  XBRL Presentations -- afg-20200630_pre               XML   1.53M 
 6: EX-101.SCH  XBRL Schema -- afg-20200630                          XSD    246K 
89: JSON        XBRL Instance as JSON Data -- MetaLinks              513±   806K 
90: ZIP         XBRL Zipped Folder -- 0001042046-20-000032-xbrl      Zip    690K 


‘EX-31.C’   —   Certification — §302 – SOA’02


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Exhibit 31(c)
AMERICAN FINANCIAL GROUP, INC. 10-Q
SARBANES-OXLEY SECTION 302(a) CERTIFICATIONS


I, Brian Hertzman, certify that:
1.I have reviewed this quarterly report on Form 10-Q of American Financial Group, Inc.;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

August 6, 2020By:/s/ Brian Hertzman
Brian Hertzman
Vice President and Controller
(interim principal financial and accounting officer)
E-3

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:8/6/204
For Period end:6/30/2013F-HR,  4
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/09/20  American Financial Group Inc.     424B5                  1:669K                                   Broadridge Fin’l So… Inc
 9/08/20  American Financial Group Inc.     424B5                  1:661K                                   Broadridge Fin’l So… Inc
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Filing Submission 0001042046-20-000032   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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