American Financial Group Inc

Overview

American Financial Group Inc (AFG) is an insurance holding company. AFG, through its subsidiaries, is into property and casualty insurance operations focusing on specialized commercial products for businesses and sale of fixed and fixed-indexed annuities in the retail, financial institutions, and education markets. It offers property and transportation solutions such as physical damage and liability coverage for buses, trucks and recreational vehicles, agricultural-related insurance, commercial automobile insurance and inland and ocean marine insurance. Its specialty commercial coverage’s includes specialty casualty and specialty financial products such as workers’ compensation, general liability and fidelity and surety. The company operates in the US. AFG is headquartered in Cincinnati, Ohio, the US. The company reported gross written premiums of US$7,087 million for the fiscal year ended December 2020 (FY2020), a decrease of 2.9% over that in FY2019. Its net written premiums were US$5,013 million in FY2020, a decrease of 6.2% over that in FY2019.
Key Stats
Address
301 E 4th St, CINCINNATI, Ohio
Headquarters

United States of America

Contact

1 513 5792121

Website
www.afginc.com
No of Employees

7,300

Industry

Financial Services

Ticker Symbol & Exchange​

AFG [NYSE]

Revenue (2020)

$7,921 m

-4.1% (2020 vs 2019)
Net Income (2020)

$732 m

-18.4% (2020 vs 2019)
Net Profit Margin

9 %

-14.9% (2020 vs 2019)
Market Cap *

$11,572 m

EPS *

$8.2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters American Financial Group IncAmerican International Group Inc (AIG)Chubb LtdCNA Financial Corp
Key Information
Headquarters United States of America United States of America Switzerland United States of America
Headquarter City CINCINNATI NEW YORK ZUERICH CHICAGO
Headquarter State/Province Ohio New York - Illinois
No. of Employees 7,300 45,000 31,000 5,800
Entity Type Public Public Public Public

Products & Services

AFG is a holding company for insurance services companies. Key product and services offered by the company include the following:

Products
  • Property and Casualty Insurance:
  • Property and Transportation:
  • Physical Damage and Liability Coverage For Buses, Trucks and Recreational Vehicles
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Brian S. Hertzman Senior Vice President; Chief Financial Officer Senior Management 2020 50 Mr. Brian S. Hertzman has been the Senior Vice President and Chief Financial Officer of the company since 2020. Prior...
Michelle A. Gillis Chief Administrative Officer; Senior Vice President Senior Management 2013 52 Ms. Michelle A. Gillis has been a Senior Vice President and Chief Administrative Officer at AFG since 2013. Prior to...
Carl H. Lindner III Director; Co-President; Co-Chief Executive Officer Executive Board 2005 67 Mr. Carl H. Lindner III has been a Co-Chief Executive Officer of the company since January 2005 and its Co-President...
S. Craig Lindner Co-Chief Executive Officer; Director; Co-President Executive Board 2005 66 Mr. S. Craig Lindner has been the Co-Chief Executive Officer of the company since January 2005 and its Co-President and...
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History

Year Event Description
2021 Divestiture In December, the company sold GAI Holding Bermuda and its subsidiaries to RiverStone Holdings Ltd.
2021 Divestiture In May, the company completed the sale of its Annuity businesses to Massachusetts Mutual Life…
2020 Contracts/Agreements In September, the company entered into an agreement to sell Lloyd’s-based Insurer, Neon to RiverStone…
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2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


American Empire Insurance Company

Address

PO Box 5370, Cincinnati
United States of America

Telephone

1 513 3693000

Summit Holding Southeast Inc.

Address

Post Box 32034, Lakeland
United States of America

Telephone

1 863 6656060

Website

www.summitholdings.com
El Aguila, Compania de Seguros, S.A. de C.V.

Address

Av. Insurgentes Sur 1106, 1er piso (Nochebuena), Mexico City
Mexico

Telephone

52 5 54 88 88 00

Website

www.elaguila.com.mx
Mid-Continent Casualty Company

Address

1437 South Boulder Avenue, Suite 200, Tulsa
United States of America

Telephone

1 918 5877221

Republic Indemnity Company of America

Address

15821 Ventura Blvd, Suite 370, Encino
United States of America

Telephone

1 818 990 9860

Website

www.republicindemnity.com
American Money Management Corporation

Address

1 East 4Th Street, Cincinnati
United States of America

Telephone

1 513 5792429

Professional Risk Brokers, Inc.

Address

11325 N Community House, Road No.2, Charlotte
United States of America

Telephone

1 704 3645161

American Empire Surplus Lines Insurance Company

Address

580 Walnut Street 10th Floor, Cincinnati
United States of America

Telephone

1 513 369 3000

Website

www.aeslic.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
27 Jan 2021 Massachusetts Mutual Life Insurance (MassMutual) Acquires Great American Life Insurance (GALIC), Annuity Investors Life Insurance and Manhattan National Life Insurance from American Financial Group for USD3.5 Billion Acquisition Massachusetts Mutual Life Insurance Company Manhattan Life Insurance Company; Annuity Investors Life Insurance Co; Great American Insurance Group
28 Sep 2020 RiverStone Holdings to Acquire GAI Holding Bermuda from American Financial Group Acquisition RiverStone Holdings Limited GAI Holding Bermuda Ltd.
08 Sep 2020 American Financial Group Prices USD200 Million of Public Offering of 4.5% Subordinated Debentures Due 2060 Debt Offering American Financial Group Inc
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21 Nov 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

6

Active Jobs

0

Posted

0

Closed

Job Trends

Latest Jobs

Job title Company Country
Small Business Producer- Digital Distribution American Financial Group Inc United States
Small Business Underwriter- Digital Distribution American Financial Group Inc United States
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