American Financial Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 05:01 pm EDT
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American Financial Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1,531 million compared to USD 1,445 million a year ago. Net income was USD 1,002 million compared to USD 177 million a year ago. Diluted earnings per share was USD 11.7 compared to USD 1.97 a year ago. Diluted earnings per share from continuing operations was USD 2.81 compared to USD 1.26 a year ago. For the half year, total revenue was USD 3,040 million compared to USD 2,500 million a year ago. Net income was USD 1,421 million compared to net loss of USD 124 million a year ago. Diluted earnings per share was USD 16.51 compared to diluted loss per share of USD 1.38 a year ago. Diluted earnings per share from continuing operations was USD 5.9 compared to diluted loss per share from continuing operations of USD 0.31 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. 
