AFG boosts underwriting profit by 62.5% as specialty NWP climbs 16.2%
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

AFG boosts underwriting profit by 62.5% as specialty NWP climbs 16.2%

american-financial-group-logo-jt.jpg

American Financial Group’s (AFG) specialty P&C underwriting profit jumped by 62.5% in the third quarter to $169mn, driven by higher year-over-year underwriting profit in the carrier’s specialty casualty group.

Companywide operating earnings per share rose to $2.71 in the quarter, from $1.38 in Q3 last year. The carrier reported net investment income growth of 38.5%

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article