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American Financial (AFG) Company Profile

Updated Jul 7, 2020
American Financial has the following business profile:
Company's Full Name:American Financial Group, Inc.
Short Name:American Financial
Trading Ticker Symbol:AFG
Primary Exchange:NYSE
Headquarter City/Country:Ohio, OH
Primary Industry Sector:Finance
Seconday Sub-sector:Property-Casualty Insurers
Main Business Areas: Finance, Property-Casualty Insurers, Financial Services, Property & Casualty Insurance
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding American Financial stock

Market and Trading Information for American Financial

The following details were available for trading and market data about the stock of American Financial as of writing:
Current Share Price:$57.94
Previous Year's Closing Price:$109.65
Percentage Price Change (YTD):-47.16%
Market Cap:$5.21 billion
52-week Price Range:$44.01 - $115.03
Dividend Per Share:$1.7
EPS (TTM):2.92
Price-Earnings (Trailing):19.84
Price-Earnings (Forward):6.88

Company Profile and Business Description for American Financial

American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses on commercial products for businesses, and is engaged in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. The Company has four segments: Property and casualty insurance, Annuity, Run-off long-term care and life, and Other. As of December 31, 2016, AFG's property and casualty operations provided a range of commercial coverages through over 30 insurance businesses. AFG's property and casualty insurance operations allow local decision-making for underwriting, claims and policy servicing.

The Company reports its property and casualty insurance business in specialty sub-segments, including Property and transportation, Specialty casualty and Specialty financial. It offers property and transportation insurance products for Inland and Ocean Marine, which provides coverage for builder's risk, contractor's equipment, property, motor truck cargo, marine cargo, boat dealers, marina operators/dealers and excursion vessels; Agricultural-related, which provides federally reinsured multi-peril crop (allied lines) insurance covering most perils, as well as crop-hail, equine mortality and other coverages for full-time operating farms/ranches and agribusiness operations on a nationwide basis, and Commercial Automobile, which offers coverage for vehicles, such as buses and trucks in a range of businesses, including the moving, and storage and transportation industries, and a physical damage product for the trucking industry.

The Company's Specialty Casualty insurance products include Executive and Professional Liability, which markets coverage for directors and officers of businesses and non-profit organizations, errors and omissions, and provides medical malpractice insurance; Umbrella and Excess Liability, which provides liability coverage in excess of primary layers; Excess and Surplus, which provides liability, umbrella and excess coverage for volatile or hard to place risks, using rates and forms that do not have to be approved by state insurance regulators; General Liability, which provides coverage for contractor-related businesses, energy development and production risks, and environmental liability risks; Targeted Programs, which includes coverage (primarily liability and property) for social service agencies, leisure, entertainment and non-profit organizations, solutions for other targeted markets and alternative risk programs using agency captives, and Worker's Compensation, which provides coverage for prescribed benefits payable to employees injured on the job. The Company's specialty financial insurance includes Fidelity and Surety, which provides fidelity and crime coverage for government, mercantile and financial institutions and surety coverage for various types of contractors, and public and private corporations, and Lease and Loan Services, which provides coverage for insurance risk management programs for lending and leasing institutions, including equipment leasing and collateral, and lender-placed mortgage property insurance.

AFG sells traditional fixed and fixed-indexed annuities in the retail, financial institutions and education markets through independent producers and through direct relationships with certain financial institutions. As of December 31, 2016, AFG sold its single premium annuities, excluding financial institution production, primarily through a retail network of approximately 55 national marketing organizations (NMOs) and managing general agents (MGAs). AFG also sells single premium annuities in financial institutions through direct relationships with certain banks and through independent agents and brokers. The Company was engaged in servicing and receiving renewal premiums on its in-force block of approximately 116,000 policies in force, as of December 31, 2016. Through its subsidiaries, AFG is engaged in a range of other operations, including commercial real estate operations in Cincinnati (office buildings and The Cincinnatian Hotel); Whitefield, New Hampshire (Mountain View Grand Resort); Chesapeake Bay (Skipjack Cove Yachting Resort and Bay Bridge Marina); Charleston (Charleston Harbor Resort and Marina); Palm Beach (Sailfish Marina and Resort); greater Chicago (KeyLime Cove Indoor Waterpark Resort), and apartments in Pittsburgh.

The Company competes with Alleghany Corp., American International Group Inc., American National Insurance Company, AmTrust Financial Services, Inc., Arch Capital Group Ltd., Baldwin & Lyons, Inc., Chubb Ltd., Cincinnati Financial Corp., CNA Financial Corp., Fairfax Financial Holdings Ltd., The Hartford Financial Services Group, Inc., Ironshore Insurance Ltd., Lancer Insurance Company, Liberty Mutual, Markel Corp., Munich Re Group, RLI Corp., The Travelers Companies Inc., Tokio Marine Holdings, Inc., W.R. Berkley Corp., XL Group Plc, Zurich Financial Services Group, Allianz Life Insurance Company of North America, American Equity Investment Life Holding Company, Athene Holding Ltd, Global Atlantic Financial Group Ltd., Lincoln National Corp., MetLife, Inc., Nationwide Mutual Insurance Company, Pacific Life Insurance Company, Sumitomo Life Insurance Company and Voya Financial.

301 E 4th St

ETFs Holding American Financial Stock

As of March 2020, the following exchange-traded funds (ETF) hold the American Financial stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have American Financial stock holding. There are a total of 115 ETFs in Fknol.com records which are holding American Financial stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
DEWWisdomTree Global Equity Income FundThe WisdomTree Global High Dividend ETF tracks an index of the top 30% of global dividend-paying stocks ranked by dividend yield and weighted by dividends. ...Full Details0.58%660
Full List
Quarterly
DGROiShares Core Dividend Growth ETFThe iShares Core Dividend Growth ETF tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. ...Full Details0.08%449
Full List
Quarterly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
EPSWisdomTree US Earnings 500 ETFThe WisdomTree U.S. Earnings 500 Fund tracks an earnings-weighted index of the 500 largest US companies that have generated positive earnings in the past calendar year. ...Full Details0.28%493
Full List
Quarterly
ESGVVanguard ESG US Stock ETFThe Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria. ...Full Details0.12%988
Full List
Quarterly
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly
FNCLFidelity MSCI Financials Index ETFThe Fidelity MSCI Financials ETF tracks a market-cap-weighted index of stocks in the broad US financials sector. ...Full Details0.08%377
Full List
Quarterly
FNDBSchwab Fundamental US Broad Market Index ETFThe Schwab Fundamental U.S. Broad Market Index ETF tracks a fundamentally selected and weighted Russell Index based on sales, cash flow and dividends/buybacks. ...Full Details0.25%1481
Full List
Quarterly
FNDXSchwab Fundamental US Large Company Index ETFThe Schwab Fundamental US Large Company Index ETF tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends/buybacks. ...Full Details0.25%671
Full List
Quarterly

See Full List of ETFs holding American Financial stock in their respective portfolios.

Peer / Competitor Companies of Property-Casualty Insurers Sector

Along with American Financial Group, Inc., the following other peer (competitor) companies also exist within the same Property-Casualty Insurers - Finance sector whose company profile and dividend history is as follows:

▶ 1347 Property Insurance (PIH): 1347 Property Insurance Holdings, Inc., incorporated on October 2, 2012, is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners ....See Detailed Company Profile,  Dividend History

▶ Alleghany (Y): Alleghany Corporation, incorporated on November 16, 1984, is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property ....See Detailed Company Profile,  Dividend History

▶ Allstate (ALL): The Allstate Corporation (Allstate), incorporated on November 5, 1992, is a holding company for Allstate Insurance Company. The Companys business is conducted principally through Allstate Insurance Company, Allstate Life Insurance ....See Detailed Company Profile,  Dividend History

▶ Ambac Financial (AMBC): Ambac Financial Group, Inc. (Ambac), incorporated on April 29, 1991, is a financial services holding company. The Company operates through two segments: Financial Guarantee and Financial Services. The Financial Guarantee ....See Detailed Company Profile,  Dividend History

▶ Ambac Financial (AMBCW): Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees to public and private sector clients in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally. It offers financial guarantee insurance policies; and credit derivative contracts and Interest rate derivative transactions. The company was incorporated in 1991 and is head....See Detailed Company Profile,  Dividend History

▶ American Financial (AFGE): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile,  Dividend History

▶ American Financial (AFGH): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile,  Dividend History

▶ American International (AIG): American International Group, Inc. (AIG), incorporated on June 9, 1967, is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other ....See Detailed Company Profile,  Dividend History

▶ AMERISAFE (AMSF): Amerisafe, Inc., incorporated on October 28, 1985, is an insurance holding company. The Company is engaged in providing workers compensation insurance focused on small to mid-sized employers engaged in hazardous ....See Detailed Company Profile,  Dividend History

▶ Arch Capital (ACGL): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile,  Dividend History

▶ Arch Capital (ACGLP): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile,  Dividend History

▶ Assured Guaranty (AGO): Assured Guaranty Ltd., incorporated on August 21, 2003, is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including ....See Detailed Company Profile,  Dividend History

▶ Atlas Financial (AFH): Atlas Financial Holdings, Inc., incorporated on December 31, 2010, is a financial services holding company. The Company, through its subsidiaries, is engaged in the underwriting of commercial automobile insurance policies, ....See Detailed Company Profile,  Dividend History

▶ Axis Capital (AXS): AXIS Capital Holdings Limited, incorporated on December 9, 2002, is a holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance, through subsidiaries and ....See Detailed Company Profile,  Dividend History

▶ Blue Capital Reinsurance (BCRH): Blue Capital Reinsurance Holdings Ltd., incorporated on June 24, 2013, provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Company conducts its operations through ....See Detailed Company Profile,  Dividend History

▶ Chubb (CB): Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. Its North America Commercial P&C Insurance segment offers commercial property, marine, general casualty,....See Detailed Company Profile,  Dividend History

▶ Cincinnati Financial (CINF): Cincinnati Financial Corporation, incorporated on March 4, 1992, is an insurance holding company. As of December 31, 2016, the Company was engaged in the business of property casualty insurance marketed ....See Detailed Company Profile,  Dividend History

▶ CNA Financial (CNA): CNA Financial Corporation, incorporated on September 8, 1967, is an insurance holding company. The Companys segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. The ....See Detailed Company Profile,  Dividend History

▶ Conifer (CNFR): Conifer Holdings, Inc., incorporated on October 27, 2009, is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal ....See Detailed Company Profile,  Dividend History

▶ Donegal (DGICA): Donegal Group Inc. (DGI), incorporated on August 26, 1986, is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The Company offered ....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Property-Casualty Insurers Sector.

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