American Financial Group Inc. (AFG) is a holding company that operates through its subsidiaries in the property and casualty insurance, annuity, and supplemental insurance markets. The company was founded in 1959 by Carl Lindner Jr. and is based in Cincinnati, Ohio, USA. AFG has a long history in the insurance industry and has grown to become a prominent player in the financial services sector.
AFG primarily operates through its two major business segments: the Property and Casualty Insurance Group and the Annuity and Supplemental Insurance Group. The Property and Casualty Insurance Group offers a wide range of insurance products for businesses and individuals, including commercial and personal property, liability, and specialty insurance.
The Annuity and Supplemental Insurance Group provides fixed and fixed-indexed annuities, as well as supplemental health and life insurance products. These products are designed to help individuals plan for their financial future and protect against unforeseen events.
Over the years, AFG has expanded its operations and diversified its portfolio through strategic acquisitions and investments. The company's growth and financial stability have earned it recognition and credibility in the insurance and financial services industry. With a strong commitment to customer satisfaction and risk management, AFG continues to provide insurance solutions to its clients while delivering value to its shareholders.