Welcome to our dedicated page for American Finl Group Ohio news (Ticker: AFG), a resource for investors and traders seeking the latest updates and insights on American Finl Group Ohio stock.
American Financial Group reports recurring developments tied to its role as an insurance holding company focused on specialty property and casualty coverage for businesses. News commonly covers quarterly and annual results, GAAP net earnings, core net operating earnings, underwriting profit, alternative investment returns and performance across specialty commercial insurance lines.
Company updates also include regular and special dividends, share capital actions, conference calls, investor meeting materials and participation in insurance and financial-services conferences. The recurring themes connect AFG's operating results with its property and casualty underwriting, investment portfolio returns and shareholder capital returns.
American Financial Group (NYSE: AFG) announced that Co-CEOs Carl H. Lindner III and S. Craig Lindner, along with CFO Brian S. Hertzman, will participate in the BofA Securities 2023 Financial Services Conference on February 14, 2023. No formal company presentation is planned; however, AFG will conduct several investor meetings. Investor materials will be available prior to the conference on AFG's website under the Events section. Founded in 1872, American Financial Group operates primarily in property and casualty insurance through its Great American Insurance Group.
American Financial Group (NYSE: AFG) will announce its 2022 fourth quarter and full year results after 5:00 p.m. ET on February 1, 2023. Following the release, a conference call is scheduled for February 2, 2023, at 11:30 a.m. ET to discuss the results. Investors can join via telephone or the internet, with information available on www.AFGinc.com. AFG specializes in property and casualty insurance through Great American Insurance Group, established in 1872.
American Financial Group, Inc. (NYSE: AFG) has declared a regular dividend of $0.63 per share, payable on January 25, 2023 to shareholders on record as of January 13, 2023. This dividend reflects the company's commitment to returning value to its shareholders and maintaining a strong financial position. AFG operates primarily in property and casualty insurance through its subsidiary, Great American Insurance Group, which has a robust history dating back to 1872.
AM Best has affirmed American Financial Group's (AFG) Long-Term Issuer Credit Ratings (ICR) at 'aa-' and Financial Strength Rating (FSR) at A+ (Superior). The outlook remains stable. The ratings reflect strong balance sheet strength, operating performance, and risk management. AFG's subsidiaries, including Great American Insurance Company, also received similar ratings. Notably, Great American's strong capital adequacy and performance were highlighted, although a high dividend payout ratio to the parent company was noted as a downside. Overall, AFG maintains a robust financial position in the insurance sector.
American Financial Group, Inc. (NYSE: AFG) has promoted Mark A. Weiss to Senior Vice President and General Counsel, effective December 1, 2022. Weiss, who joined the company in 2010, previously held roles including Vice President and Chief Compliance Officer. He succeeds Vito Peraino, who transitions to Executive Counsel in an advisory capacity. AFG is an insurance holding company based in Cincinnati, focusing on specialized commercial property and casualty insurance through Great American Insurance Group.
American Financial Group (AFG) reported Q3 2022 net earnings of $165 million ($1.93 per share), down from $219 million ($2.56 per share) in Q3 2021. Core net operating earnings were $192 million ($2.24 per share), reflecting a decline due to reduced returns from alternative investments. AFG announced a special cash dividend of $2.00 per share, adding to a regular dividend of $0.63. For 2022, AFG narrowed its core net operating earnings guidance to $11.00 - $11.75 per share. The P&C segment reported a combined ratio of 91.1%, with growth in gross and net written premiums of 19% and 15%, respectively.
American Financial Group (NYSE: AFG) announced a meeting with investors hosted by Dowling & Partners in New York City on November 17, 2022, at 1:00 p.m. (ET). The Co-CEOs Carl H. Lindner III and S. Craig Lindner, along with other executives, will attend the forum, but no formal presentation will be made. Investor materials will be available on the Investor Relations page of AFG’s website prior to the meeting. AFG specializes in property and casualty insurance through Great American Insurance Group, established in 1872.
American Financial Group (NYSE: AFG) announces the promotion of Matthew J. Stevens to Assistant Vice President - Tax, effective November 1, 2022. He succeeds H. Kim Baird, who is retiring on January 3, 2023, after over 38 years with the company. Stevens has been with the organization since 1998 and has served as Divisional Vice President since 2019. He will oversee all tax reporting, analysis, and planning for AFG and its subsidiaries. Stevens holds a Bachelor of Science in Accounting and is a Certified Public Accountant.
American Financial Group (AFG) will release its 2022 third quarter results after 5:00 p.m. ET on November 2, 2022. The results will be available on AFG's website. Following the release, a conference call is scheduled for 11:30 a.m. ET on November 3, 2022, where participants can join through telephone or internet. Registration for the call can be done online, providing access details upon registration. AFG specializes in property and casualty insurance through Great American Insurance Group, with a history dating back to 1872.
American Financial Group (NYSE: AFG) has declared a quarterly dividend of $0.63 per share, which will be paid on October 25, 2022, to stockholders on record as of October 14, 2022. This dividend marks a 12.5% increase from the previous annual rate established in Q4 2021. The company, headquartered in location value="LU/us.oh.cincin"Cincinnati, Ohio, primarily engages in property and casualty insurance through its subsidiary, Great American Insurance Group.