American Financial Group, Inc. (AFG) is a holding company that, through subsidiaries, is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of traditional fixed, indexed and variable annuities and a variety of supplemental insurance products. In January 2008, AFG acquired a majority interest in Marketform Group Limited, a Lloyd's insurer that is engaged in the non-United States medical malpractice market, and all of Strategic Comp Holdings, LLC, a provider of workers' compensation programs in the United States. The property and casualty insurance group comprises multiple business units. AFG's annuity and supplemental insurance operations are conducted through Great American Financial Resources, Inc. Through subsidiaries, AFG is engaged in a variety of other operations, including commercial real estate operations in Cincinnati.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, American Financial Group's revenues increased less than 1% to $3.2B. Net income totaled $358M, up from $157M. Revenues reflect an increase in life, accident & health premiums revenue, higher investment income and lower realized investment losses. Net income also reflects a decrease in interest & other financing expenses, lower p&c insurance losses & expenses and decreased other expenses.
Company Address
American Financial Group, Inc.
One East Fourth Street Cincinnati OH 45202
P: +1513.5792121 F: +1513.5792113