American Financial Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 06, 2024 at 05:00 pm EST
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American Financial Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 2,083 million compared to USD 1,929 million a year ago. Net income was USD 263 million compared to USD 276 million a year ago. Diluted earnings per share from continuing operations was USD 3.13 compared to USD 3.24 a year ago.
For the full year, revenue was USD 7,827 million compared to USD 7,040 million a year ago. Net income was USD 852 million compared to USD 898 million a year ago. Diluted earnings per share from continuing operations was USD 10.05 compared to USD 10.53 a year ago.
American Financial Group, Inc. is an insurance holding company. The Company is engaged in property and casualty insurance, focusing on specialized commercial products for businesses. The Company operates through two segments: Property and casualty insurance and Other. Property and casualty insurance business includes specialty sub-segments: Property and transportation, which includes physical damage and liability coverage for buses and trucks and other specialty transportation niches, inland and ocean marine, agricultural-related products and other commercial property coverages; Specialty casualty, which includes primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and Specialty financial, which includes risk management insurance programs for lending and leasing institutions (including equipment leasing and collateral and lender-placed mortgage property insurance), fidelity and surety products and trade credit insurance.
AMERICAN FINANCIAL GROUP, INC. 
