American Financial Group
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Civil case, nuclear verdict and claims count data show worrying trends.
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The executive noted 2024 marks AFG's 12th year of rate increases in the line.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Treaty costs were slightly lower than for 2023 in risk-adjusted terms.
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Insurance Insider US runs you through the earnings results for the day.
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The Inside P&C news team runs you through the earnings results for the day.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Inside P&C news team runs you through the earnings results for the day.
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Berding will retain his current role as president of American Money Management Corporation, AFG’s investment management services subsidiary.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The commentary follows AFG’s Q1 2023 earnings announcement on Tuesday, in which the carrier reported a 5.2-point deterioration in its P&C operations combined ratio to 89.2%.
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The latest statutory data release shows commercial carriers continued to benefit from the extended pricing cycle and exposure growth propelled by inflation, although growth slowed year-on-year.
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