AFG Boosts Earnings 4% to $887 Million Amid Specialty Insurance Growth
American Financial Group IncDescription
What this story covers
American Financial Group Inc. (AFG) reported $887 million net earnings in 2024, up 4% from 2023, driven by 9% premium growth to $10.53 billion and strong 5% investment income rise. Specialty focus yielded a 90.9% combined ratio, beating industry averages, despite $180 million catastrophe losses. Robust liquidity and conservative investments position AFG for sustained growth.
Story snapshot
CompanyAmerican Financial Group Inc
TickerAFG
VariantStandard detailed
Duration15:22
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0001042046-25-000011
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