American Financial Group (AFG)

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American Financial Group News Release

A Collection of American Financial Group News Release

American Financial Group, Inc. Announces Agreement to Sell Medicare Supplement and Critical Illness Businesses
Thursday May 10th 2012 04:25:23 PM

CINCINNATI--(BUSINESS WIRE)--May. 10, 2012-- American Financial Group, Inc. (NYSE/NASDAQ: AFG) announced today that it reached a definitive agreement to sell its Medicare Supplement and Critical Illness businesses (headquartered in Austin, Texas and doing business as Great American Supplemental Benefits Group) to Cigna Corporation (NYSE: CI) for approximately $295 million in cash, subject to post-closing adjustments based upon statutory capital and surplus of transferred businesses as of the closing date. AFG expects to realize an after tax gain of approximately $95-$105 million on the sale, which is expected to close late in...

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Court of Appeals Rules in Favor of American Financial Group, Inc. on Tax Case
Friday May 4th 2012 05:17:11 PM

CINCINNATI--(BUSINESS WIRE)--May. 4, 2012-- American Financial Group, Inc. (NYSE: AFG) (NASDAQ: AFG) has been involved in litigation with the IRS regarding the calculation of tax reserves for certain annuity reserves pursuant to Actuarial Guideline 33. In a unanimous decision issued today, the Sixth Circuit Court of Appeals in Cincinnati affirmed the Summary Judgment of the District Court in favor of AFG. As a result, unless the IRS determines to seek a discretionary appeal of this decision within 90 days, the decision will become final, and AFG will record non-core after tax earnings of approximately $27 million ($.28 per sh...

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American Financial Group, Inc. Announces First Quarter Earnings
Monday April 30th 2012 05:01:39 PM

Core net operating earnings $0.86 per share Adjusted book value per share $40.07; growth of 4% since year end 2011 Repurchased 1.5 million shares during the quarter Full year 2012 core net operating earnings guidance increased to $3.40 - $3.80 per share CINCINNATI--(BUSINESS WIRE)--Apr. 30, 2012-- American Financial Group, Inc. (NYSE/NASDAQ: AFG) today reported 2012 first quarter net earnings attributable to shareholders of $113 million ($1.14 per share), compared to $88 million ($0.83 per share) reported for the 2011 first quarter. Per...

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American Financial Group, Inc. Announces Its 2012 First Quarter Conference Call and Webcast
Monday April 9th 2012 09:14:46 AM

CINCINNATI--(BUSINESS WIRE)--Apr. 9, 2012-- American Financial Group, Inc. (NYSE/NASDAQ: AFG) expects to release its 2012 first quarter results after 5:00 pm on Monday, April 30, 2012. The earnings release will be available shortly thereafter on AFG's website at www.AFGinc.com. In conjunction with its earnings release, AFG will hold a conference call to discuss 2012 first quarter results at 11:30 am (ET) on Tuesday, May 1, 2012. There are two communication modes available to listen to the call. By Telephone Toll-free access will be available by dialing 1-888-892-6137 (international dial-i...

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American Financial Group, Inc. Declares Quarterly Dividend
Monday April 2nd 2012 09:00:29 AM

CINCINNATI--(BUSINESS WIRE)--Apr. 2, 2012-- American Financial Group, Inc. (NYSE: AFG) (NASDAQ: AFG) announced that it has declared a quarterly dividend of $0.175 per share of American Financial Group Common Stock. The dividend is payable on April 25, 2012 to holders of record on April 13, 2012. About American Financial Group, Inc. American Financial Group is an insurance holding company, based in Cincinnati, Ohio with assets in excess of $35 billion. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial ...

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American Financial Group, Inc. Announces Organizational Changes
Tuesday March 20th 2012 02:06:00 PM

CINCINNATI--(BUSINESS WIRE)--Mar. 20, 2012-- American Financial Group, Inc. (NYSE: AFG) (NASDAQ: AFG) announces the promotions of Vito C. Peraino and Michelle "Shelly" A. Gillis. Mr. Peraino has been named General Counsel and Senior Vice President of AFG and will assume responsibility for AFG's Legal function. Prior to his promotion, Mr. Peraino served as Senior Vice President and Assistant General Counsel of Great American Insurance Group and was responsible for overall claims strategy and claims oversight for Great American's property and casualty businesses. He joined Great American in 1999 as a Vice President, overseeing management of all asbestos, environmental and other mass tort lia...

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American Financial Group to Present at the NYSSA 16th Annual Insurance Industry Conference
Tuesday March 6th 2012 04:44:11 PM

CINCINNATI--(BUSINESS WIRE)--Mar. 6, 2012-- American Financial Group, Inc. (NYSE:AFG) (NASDAQ:AFG) announced today that Carl H. Lindner III, Co-Chief Executive Officer, and Keith A. Jensen, Senior Vice President and chief financial officer, will make a company presentation at the New York Society of Security Analysts (NYSSA) Annual Insurance Industry Conference being held at NYSSA headquarters in New York City, on Tuesday, March 20, 2012 at 10:45 am (ET). The presentation will be broadcast live over the Internet via a webcast link within the Investor Relations section of AFG’s website, www.AFGinc.com. To access the link direc...

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American Financial Group to Present at the Raymond James 33rd Annual Institutional Investors Conference
Wednesday February 22nd 2012 04:44:33 PM

CINCINNATI--(BUSINESS WIRE)--Feb. 22, 2012-- American Financial Group, Inc. (NYSE: AFG) (NASDAQ: AFG) announced today that Keith A. Jensen, Senior Vice President and chief financial officer, will make a company presentation at the Raymond James & Associates’ 33rd Annual Institutional Investors Conference being held at the JW Marriott Grande Lakes in Orlando, Florida, on Monday, March 5, 2012 at 10:25 am (ET). The presentation will be broadcast live over the Internet via a webcast link within the Investor Relations section of AFG’s website, www.AFGinc.com. To access the link directly, click: http://www.wsw.com/webcast/rj72/afg/ ...

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American Financial Group, Inc. Announces 2011 Fourth Quarter and Full Year Results
Wednesday February 1st 2012 05:01:24 PM

Adjusted book value per share $40.23; growth of 7% in 2011 Twelve months core net operating earnings $3.53 per share Repurchased 1.5 million shares during the quarter Signs of strengthening rate environment Full year 2012 core net operating earnings guidance between $3.30 - $3.70 per share CINCINNATI--(BUSINESS WIRE)--Feb. 1, 2012-- American Financial Group, Inc. (NYSE: AFG)(NASDAQ: AFG) today reported net earnings attributable to shareholders of $109 million ($1.10 per share) for the 2011 fourth quarter, compared to $133 milli...

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American Financial Group, Inc. Announces Its 2011 Fourth Quarter and Full Year Earnings Conference Call
Tuesday January 17th 2012 09:07:14 AM

CINCINNATI--(BUSINESS WIRE)--Jan. 17, 2012-- American Financial Group, Inc. (NYSE:AFG)(NASDAQ:AFG) expects to release its 2011 fourth quarter and full year earnings after the market closes on Wednesday, February 1, 2012. The earnings release will be available shortly thereafter on AFG's website at www.AFGinc.com. In conjunction with its earnings release, AFG will hold a conference call to discuss 2011 fourth quarter and full year earnings at 11:30 am (ET) on Thursday, February 2, 2012. There are two communication modes available to listen to the call. Over the Telephone Toll-free access will be ...

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