AFG eyes M&A deals following annuity sale: co-CEO Lindner
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AFG eyes M&A deals following annuity sale: co-CEO Lindner

Bernard Goyder
August 04, 2021
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American Financial Group’s (AFG) sale of its annuity business, which completed in May, will help the carrier focus more on its on its P&C operations, co-president and co-CEO Craig Lindner said on Wednesday.

Lindner said the deal “sharpens our focus exclusively on the specialty P&C market”.

The transaction generated a $3bn war chest, much of which AFG has already distributed to shareholders.

AFG

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