AFG CoR climbs to 91.2%, driven by deterioration in specialty finance, property and transport
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

AFG CoR climbs to 91.2%, driven by deterioration in specialty finance, property and transport

Chris DeZinno
November 02, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
american-financial-group-logo-jt.jpg

American Financial Group’s (AFG) combined ratio rose 2.2 points in the third quarter to 91.2%, driven by a 4-point deterioration in the loss ratio and weaker performance in the company’s divisions in specialty finance and property and transportation.

Overall the insurer posted Q3 cat losses of $39mn, which accounted for 2.5 points on the combined ratio, primarily due to Hurricane Ian.

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
Request a free trial Already a subscriber? Log in now

Topics

News American Financial Group Earnings
chris dezinno.jpg
Chris DeZinno
Editor-in-Chief
Gift this article