Sector: Financials | Industry: Property & Casualty Insurance |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Great American Insurance Group Tower 301 E. 4Th Street CINCINNATI OH 45202 |
Tel: | 1-513-5796739 |
Website: | https://www.afginc.com |
IR: | See website |
Key People | ||
John B. Berding President, Director, President - American Money Management Corporation | Carl H. Lindner Co-Chief Executive Officer, Director | S. Craig Lindner Co-Chief Executive Officer, Director |
Brian S. Hertzman Chief Financial Officer, Senior Vice President | David L. Thompson President and Chief Operating Officer of Property and Casualty Insurance Group | Michelle A. Gillis Chief Human Resource Officer, Senior Vice President, Chief Administrative Officer | Mark A. Weiss Senior Vice President, Chief Compliance Officer, General Counsel |
Business Overview |
American Financial Group, Inc. is an insurance holding company. The Company is engaged in property and casualty insurance, focusing on specialized commercial products for businesses. The Company operates through two segments: Property and casualty insurance and Other. Property and casualty insurance business includes specialty sub-segments: Property and transportation, which includes physical damage and liability coverage for buses and trucks and other specialty transportation niches, inland and ocean marine, agricultural-related products and other commercial property coverages; Specialty casualty, which includes primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and Specialty financial, which includes risk management insurance programs for lending and leasing institutions (including equipment leasing and collateral and lender-placed mortgage property insurance), fidelity and surety products and trade credit insurance. |
Financial Overview |
For the fiscal year ended 31 December 2023, American Financial Group Inc revenues increased 12% to $7.7B. Net income decreased 5% to $852M. Revenues reflect P&C segment increase of 7% to $7.28B, Consol.MIEs segment increase of 76% to $405M. Net income was offset by Expenses of managed investment entities increase of 76% to $405M (expense), Equity in earnings of partnerships and s decrease of 63% to $99M (income). |
Employees: | 8,500 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $11,055M as of Dec 31, 2023 |
Annual revenue (TTM): | $7,703M as of Dec 31, 2023 |
EBITDA (TTM): | $1,103M as of Dec 31, 2023 |
Net annual income (TTM): | $852.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $1,214M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $250.00M as of Dec 31, 2023 |
Shares outstanding: | 83,856,402 as of Mar 15, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |