The acquisition comes almost a year after AFG said it was selling its annuity business in a $3.5bn all-cash deal to MassMutual.
AFG buys machine learning, AI firm Verikai in $120mn all-cash deal
![AFG and Verikai logo Cincinnati and SF reflection v2.jpg](https://assets.euromoneydigital.com/dims4/default/ad260af/2147483647/strip/true/crop/840x492+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F9e%2Ffa%2Fa7a0e6414728ad523f54742a8a94%2Fafg-and-verikai-logo-cincinnati-and-sf-reflection-v2.jpg)
The acquisition comes almost a year after AFG said it was selling its annuity business in a $3.5bn all-cash deal to MassMutual.