AFG operating profits surge 75% to $206mn in Q1
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AFG operating profits surge 75% to $206mn in Q1

Bernard Goyder
May 05, 2021
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American Financial Group’s (AFG) core operating profit jumped 75% to $206mn in Q1, on improved underwriting earnings in the specialty P&C business and stronger investment income.

The operating earnings of $2.38 per share comfortably beat an analyst consensus of $1.64.

Underwriting: AFG’s specialty P&C combined ratio was 4.2

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Bernard Goyder
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