AFG boosts underwriting profit by 62.5% as specialty NWP climbs 16.2%
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AFG boosts underwriting profit by 62.5% as specialty NWP climbs 16.2%

Giovanna Bellotti Azevedo
November 02, 2021
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American Financial Group’s (AFG) specialty P&C underwriting profit jumped by 62.5% in the third quarter to $169mn, driven by higher year-over-year underwriting profit in the carrier’s specialty casualty group.

Companywide operating earnings per share rose to $2.71 in the quarter, from $1.38 in Q3 last year. The carrier reported net investment income growth of 38.5%

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Giovanna Bellotti Azevedo
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