Positive wage inflation affecting workers’ comp, internal staff pay: AFG CEO
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Positive wage inflation affecting workers’ comp, internal staff pay: AFG CEO

Giovanna Bellotti Azevedo
February 10, 2022
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American Financial Group (AFG) co-CEO Carl Lindner said that positive wage inflation has had a positive impact on the company’s workers’ compensation business and that AFG was also making adjustments to its own payroll to reflect the current inflationary environment.

The executive was speaking to analysts during the carrier’s Q4 2021 earnings call, after the company’s P&C operating profits jumped 77% in the fourth quarter to a record $485mn, driven by higher year-over-year underwriting profit in the specialty casualty...

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News American Financial Group Workers' compensation Earnings
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Giovanna Bellotti Azevedo
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