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

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

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

Giovanna Bellotti Azevedo
November 02, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
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%

Request a free trial:

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
Request a free trial Already a subscriber? Login now

Topics

NewsResultsAmerican Financial GroupEarnings
Giovanna azevedo headshot new.jpg
Giovanna Bellotti Azevedo
Editor
Gift this article