American Financial Group
GFZ
New York Stock Exchange25.38
USD
+0.01
- -
CIK
0001042046
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- United States of America
- IPO Date
- Jan 1, 1997
- CIK
- 0001042046
- Similar Companies
- Business
- American Financial Group, Inc. (AFG) operates as a diversified financial services holding company specializing in property and casualty insurance, life insurance, annuities, and specialty financial products. Founded in 1872 and headquartered in Cincinnati, Ohio, AFG offers a broad portfolio that includes commercial and personal property and casualty insurance through subsidiaries like Great American Insurance Company and National Interstate Corporation. The company’s products encompass specialty insurance lines, excess and surplus lines, workers' compensation, crop insurance, and warranty services, along with fixed annuities and supplemental insurance products targeting retirement income solutions. American Financial Group serves individual, commercial, and institutional clients primarily across the United States, with additional operations in the United Kingdom, Ireland, Mexico, Bermuda, and the Cayman Islands. In the most recent period through 2024 and 2025, AFG has executed significant strategic initiatives including the acquisition of Crop Risk Services for $240 million in 2023 to bolster its specialty crop insurance offerings and expanded its insurance agency and consulting services through further acquisitions in 2024. The company reported robust financial performance marked by a 7% growth in net written premiums and maintained disciplined underwriting with an 89% combined ratio in its property and casualty segments. American Financial Group also increased dividends by 12.7% and paid special dividends totaling $6.50 per share in 2024. Capital management actions included share repurchases and debt reduction to maintain financial flexibility. These developments reinforce AFG’s focus on expanding its specialty insurance footprint and enhancing shareholder value through disciplined underwriting, growth initiatives, and prudent capital deployment. American Financial Group’s business segments are organized principally under specialty property and casualty insurance, life insurance and annuities, and specialty financial services. Key subsidiaries include Great American Insurance Company, National Interstate Corporation, Bridgefield Casualty Insurance Company, and others providing a range of underwriting and insurance services. The company’s specialty insurance offerings focus on high-margin niche markets, including non-standard automobile, excess and surplus lines, and workers compensation, addressing diverse customer needs across commercial and personal lines. Its fixed annuity products cater to the retirement savings market with guaranteed income features aimed at individuals nearing or in retirement. AFG’s geographic presence spans primarily the U.S. with strategic operations and subsidiaries in Europe, Latin America, and offshore financial centers. American Financial Group’s corporate strategy emphasizes disciplined underwriting, targeted acquisitions to enhance specialty niches, and operational excellence to sustain competitive returns. The company leverages its entrepreneurial culture and skilled investment team to deliver consistent performance and growth, highlighted by a core operating return on equity exceeding 19% in 2024. Its ongoing initiatives include expanding product distribution channels, integrating recent acquisitions to broaden service capabilities, and innovating in specialty insurance solutions to capitalize on market opportunities while managing risk effectively. Headquartered in Cincinnati, AFG remains family-led with principal ownership by the Lindner family, supporting continuity and strategic vision in its operations.