American Financial Group Inc (AFGC) company profile
Close on Oct 30, 2026Market cap $1.40BP/E 1.5Yield 43.15%
About American Financial
Fire, Marine & Casualty Insurance, SIC 6331
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.
Company profile
Company
- Legal name
- American Financial Group Inc
- Founded
- 1872
- Headquarters
- Cincinnati, OH
- Address
- Great American Insurance Group Tower, 301 E. 4th Street 45202
- Phone
- (513) 579-2121
- Website
- afginc.com
- Employees
- 8,500, Dec 31, 2025
- Industry
- Fire, Marine & Casualty Insurance
- Incorporated in
- Ohio
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Cincinnati, Ohio
Stock & identifiers
- Ticker
- AFGC
- Other tickers
- AFG, AFGB, AFGD, AFGE
- Exchange
- NYSE
- Shares outstanding
- 83M, Aug 1, 2026
- Public float
- $8.99B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Dec 18, 2006; 2-for-1, Mar 14, 1988
- SEC CIK
- 1042046
- CUSIP
- 025932104
- ISIN
- US0259321042
- LEI
- 549300AFOM7IVKIU1G39
- EIN
- 31-1544320
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David Lawrence Thompson Jr | President of Subsidiary, Director | 507,042 |
| Carl H. Lindner Iii | Co-CEO, Director | 5,421,648 |
| John B. Berding | President, Director | 137,617 |
| S. Craig Lindner | Co-CEO, Director | 4,389,998 |
| Brian S. Hertzman | SVP, CFO | 17,004 |
| Mark A. Weiss | Sr. VP & General Counsel | 18,375 |
| Michelle A. Gillis | Senior Vice President | 57,640 |
| Lehman John I. Von | Director | 12,483 |
| William W. Verity | Director | 14,418 |
| Roger K. Newport | Director | 4,961 |
| Gregory G. Joseph | Director | 126,553 |
| Mary Beth Martin | Director | 11,493 |
| Evans N. Nwankwo | Director | 7,646 |
| Amy Y. Murray | Director | 5,150 |
| Stephen Craig Lindner Jr | Director | 397,322 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Carl HLindner III | $11.04M | $11.33M | $3.17M | $261 | $229 |
| FY2025 SCraig Lindner | $11.15M | $11.44M | $3.17M | $261 | $229 |
| FY2024 Carl HLindner III | $11.57M | $12.92M | $3.04M | $247 | $209 |
| FY2024 SCraig Lindner | $11.55M | $12.89M | $3.04M | $247 | $209 |
| FY2023 Carl HLindner III | $9.84M | $9.31M | $2.92M | $200 | $155 |
| FY2023 SCraig Lindner | $9.91M | $9.38M | $2.92M | $200 | $155 |
“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.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Carl H. Lindner III Co-Chief Executive Officer (Co-Principal Executive Officer) | $1.25M | $1.50M | $6.45M | $1.84M | $11.04M | -5% |
| S. Craig Lindner Co-Chief Executive Officer (Co-Principal Executive Officer) | $1.25M | $1.50M | $6.45M | $1.94M | $11.15M | -3% |
| John B. Berding President of AFG and American Money Management | $1.05M | $1.18M | $4.38M | $389.23K | $6.99M | +4% |
| Brian S. Hertzman Senior Vice President and Chief Financial Officer | $550.00K | $400.05K | $453.39K | $123.21K | $1.53M | +3% |
| David L. Thompson President and Chief Operating Officer of Great American Insurance Group | $800.00K | $600.08K | $1.04M | $219.13K | $2.66M | +7% |
| Mark A. Weiss Senior Vice President and General Counsel | $580.00K | $400.05K | $431.80K | $95.41K | $1.51M | +4% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“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.”
Corporate history
Events identified from SEC filings