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American Financial Group Inc - AFG STOCK NEWS

Welcome to our dedicated news page for American Financial Group (Ticker: AFG), a resource for investors and traders seeking the latest updates and insights on American Financial Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Financial Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Financial Group's position in the market.

Rhea-AI Summary
American Financial Group (AFG) has completed the acquisition of Crop Risk Services (CRS) from American International Group (AIG). CRS is the seventh largest provider of multi-peril crop insurance in the US. Great American Insurance Group, a subsidiary of AFG, will remain the fifth largest provider of multi-peril crop insurance in the US.
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Rhea-AI Summary
American Financial Group (AFG) will acquire Crop Risk Services (CRS) from American International Group (AIG) for $240 million in cash. CRS is a primary crop insurance general agent with 2022 gross written premiums of $1.2 billion, making it the seventh largest provider of multi-peril crop insurance in the US. The transaction is expected to close in Q3 2023, subject to regulatory approvals.
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American Financial Group Inc

NYSE:AFG

AFG Rankings

AFG Stock Data

10.64B
62.51M
18.01%
62.19%
0.92%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Cincinnati

About AFG

american finacial group is an insurance company located in 2971 spring, spring, texas, united states.