USPages - Property Casualty Insurance (2024)

USPages > Business Directory > Property Casualty Insurance > American Financial Group

Industry: Property Casualty Insurance

Fortune Rank: 478

AFG is a holding company engaged in automobile and specialty property & casualty insurance and in the sale of annuities and certain life and supplemental health insurance products. For the six months ended 6/30/05, revenues rose 8% to $1.93B. Net income from Cont. Ops. before acct. hange increased 10% to $144.5M.Revenues reflect higher property & casualty premiums earned. Net income reflects improved operating margins.

American Financial Group, Inc. (AFG) is a holding company engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of retirement annuities, life and supplemental health insurance products. Through its subsidiaries, AFG is engaged in other operations, including The Golf Center at Kings Island in the Greater Cincinnati area; commercial real estate operations in Cincinnati (office buildings and The Cincinnatian Hotel), New Orleans (Le Pavillon Hotel), Cape Cod (Chatham Bars Inn), Austin (Driskill Hotel), Chesapeake Bay (Skipjack Cove Yachting Resort), Charleston (Charleston Harbor Resort and Marina), Palm Beach (Sailfish Marina and Resort) and apartments in Louisville, Pittsburgh, St. Paul and Tampa Bay. In 2004, AFG completed the sale of Transport Insurance Company, an inactive property and casualty subsidiary with only run-off liabilities, including old asbestos and environmental claims.

American Financial Group

American Financial Group' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 478th compared to 527th in 2009. This was based on its 2009 revenue of $4,293 million (a change of 0 million compared to 2010) and profits of $196 million (a change of $323 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then American Financial Group would be ranked 209th rather than 478th due to its profits of $519 in 2010.

* US$ Million

• Address
  • American Financial Group
    580 Walnut StreetFloor 7 West
    Cincinnati
    OH
    45202
• Contact Details
  • Phone: 800-748-7848
  • Fax: N/A
  • Website: www.afginc.com
  • Stock Symbol: AFG

• Next Page: the 479th ranked company Kelly Services
• Previous Page: the 477th ranked company Kindred Healthcare, Inc.