Overall the insurer posted Q3 cat losses of $39mn, which accounted for 2.5 points on the combined ratio, primarily due to Hurricane Ian.
AFG CoR climbs to 91.2%, driven by deterioration in specialty finance, property and transport
![american-financial-group-logo-jt.jpg](https://assets.euromoneydigital.com/dims4/default/7382afa/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F54%2F83%2F9084a930d130a297321f10cde7a6%2Famerican-financial-group-logo-jt.jpg)
Overall the insurer posted Q3 cat losses of $39mn, which accounted for 2.5 points on the combined ratio, primarily due to Hurricane Ian.