American Financial Group Inc - Company Profile
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American Financial Group Inc (AFG) is an insurance holding company involved in property and casualty insurance. The company focuses on providing specialized commercial products for businesses through its operations under the Great American Insurance Group. AFG offers a wide range of insurance coverages, including property and transportation, specialty casualty, and specialty financial products. It serves a diverse customer base across industries such as agriculture, construction, education, energy, healthcare, and transportation, among others. The company operates through a network of insurance businesses, allowing for local decision-making in underwriting, claims, and policy servicing. Its operations are primarily based in the US, targeting various niche markets. AFG is headquartered in Cincinnati, Ohio, the US.
American Financial Group Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Property and Casualty Insurance: | Claims Management |
| Property and Transportation: | Underwriting |
| Commercial Property | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, Great American Insurance Group’s Environmental Division partnered with Great American’s Division Danos Mexico to expand its product offerings into Mexico. |
| 2025 | Plans/Strategy | In March, the company announced to divest Charleston Harbor Resort & Marina. |
| 2024 | Acquisitions/Mergers/Takeovers | The company completed the acquisition of an insurance agency business for US$6 million and a consulting company for US$4 million. |
Competitor Comparison
| Key Parameters | American Financial Group Inc | Chubb Ltd | Liberty Mutual Holding Company Inc | American International Group Inc (AIG) | Arch Capital Group Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | United States of America | United States of America | Bermuda |
| City | Cincinnati | Zurich | Boston | New York | Pembroke |
| State/Province | Ohio | Zurich | Massachusetts | New York | - |
| No. of Employees | 8,500 | 45,000 | 40,000 | 22,100 | 8,000 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John B. Berding | Director; President | Executive Board | 2023 | 63 |
| Carl H. Lindner III | Director, Co-Chief Executive Officer | Executive Board | 2005 | 72 |
| S. Craig Lindner | Director, Co-Chief Executive Officer | Executive Board | 2005 | 71 |
| Brian S. Hertzman | Chief Financial Officer; Senior Vice President | Senior Management | 2020 | 55 |
| Michelle A. Gillis | Chief Administrative Officer; Chief Human Resources Officer; Senior Vice President | Senior Management | 2022 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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