American Financial Group: Strong pricing, threatening loss-cost trends
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American Financial Group: Strong pricing, threatening loss-cost trends

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American Financial Group continued the wave of strong earnings for the quarter, reporting an annualized 14.7% operating ROE for the quarter, in line with Q1, and up modestly from 2020’s 14.4%. The company increased its 2021 EPS guidance from $7.00-$8.00 to $8.40-$9.20 following the strong results.

Below, we look at some of the key industry takeaways from the call.

Pricing commentary remains strong, particularly for long-tailed lines.

The

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