American Financial Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022 at 05:00 pm EDT
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American Financial Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 1,539 million compared to USD 1,531 million a year ago. Net income was USD 167 million compared to USD 1,002 million a year ago. Diluted earnings per share from continuing operations was USD 1.96 compared to USD 2.81 a year ago. Diluted earnings per share was USD 1.96 compared to USD 11.7 a year ago.
For the six months, revenue was USD 3,127 million compared to USD 3,040 million a year ago. Net income was USD 457 million compared to USD 1,421 million a year ago. Diluted earnings per share from continuing operations was USD 5.36 compared to USD 5.9 a year ago. Diluted earnings per share was USD 5.36 compared to USD 16.51 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. 
