American Financial Group, Inc. (AFG) is a financial services company based in Cincinnati, Ohio, United States. It was founded in 1959 by Carl H.

Lindner Jr. Lindner III and S. Craig Lindner.

The company is publicly traded on the New York Stock Exchange under the ticker symbol AFG. AFG serves as a holding company for various insurance and investment businesses. The company's primary subsidiaries include Great American Insurance Group and AFG Reinsurance Company Ltd.

Great American Insurance Group offers property and casualty insurance products for businesses and individuals, as well as annuities and supplemental insurance. AFG Reinsurance Company provides reinsurance services to its insurance subsidiaries and to third-party clients globally. On a global scale, American Financial Group has a significant presence in the insurance industry.

Its subsidiaries operate in over 30 countries, including the United States, Canada, Europe, and South America. The company has developed a strong network of partnerships and joint ventures to expand its reach and capabilities. Notable partnerships include Assurant, Inc.

American Financial Group holds a strong market position, with a diversified portfolio of insurance and investment businesses. In terms of global sales, the company generated over $8. 6 billion in gross written premiums in 2020.

It competes with other major insurance companies such as AIG, Chubb, and Travelers. There have been notable events in American Financial Group's history that have contributed to its growth. In 1998, the company acquired the insurance operations of American Premier Underwriters, Inc., which significantly expanded its insurance offerings.

In recent years, the company has focused on strategic initiatives to drive growth, such as expanding its specialty property and casualty products and leveraging technology to enhance customer experience. As of the latest updates, American Financial Group continues to thrive in the insurance and investment industry. In the first quarter of 2021, the company reported net earnings attributable to shareholders of $272 million.

It remains committed to providing exceptional insurance products and services to its customers while pursuing opportunities for growth and innovation