AMERICAN FINANCIAL GROUP INC

American Financial Group, Inc. is an insurance holding company that provides specialized commercial property and casualty insurance products to businesses, operating primarily through the Great American Insurance Group. AFG oversees an internal investment portfolio and conducts business across three primary specialty sub-segments: Property and Transportation, Specialty Casualty, and Specialty Financial. Its offerings include multi-peril crop coverage, transportation and fleet insurance, inland and ocean marine lines, excess and surplus casualty, directors and officers liability, workers' compensation, fidelity and surety bonds, lender-placed coverages, and trade credit protection. AFG serves a wide array of business clients, such as farming and agribusiness operations, transportation companies, contractors, non-profit entities, public corporations, and lending and leasing institutions.

The company delivers its property and casualty coverages through 36 autonomous insurance businesses. Geographically, AFG's business is centered within the United States, with operations spanning numerous states—prominently California, Texas, Florida, Illinois, and New York—while approximately 2% of direct written premiums originate from non-U.S.-based insurers. The company's headquarters are located in Cincinnati, Ohio.

Summary of the business section of American Financial's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, the Company had approximately 8,500 employees (none of which were covered by collective bargaining agreements), including approximately 7,700 employed at Great American Insurance Group.”