AFG's recent results were mixed, with weaker underwriting and disappointing alternative investment returns, leading me to downgrade my rating to 'hold.' Premium inflation is decelerating, likely signaling peak margins for the insurance sector and making it harder for AFG to improve its combined ratio. Investment income from fixed income remains solid, but alternative returns and rental growth are muted, and a key asset sale fell through, limiting upside.
American Financial Group, Inc. (NYSE:AFG ) Q2 2025 Earnings Conference Call August 6, 2025 11:30 AM ET Company Participants Brian Scott Hertzman - Senior VP & CFO Carl Henry Lindner - Co-CEO & Director Diane P. Weidner - Vice President of Investor & Media Relations Stephen Craig Lindner - Co-CEO & Director Conference Call Participants Charles Gregory Peters - Raymond James & Associates, Inc., Research Division Meyer Shields - Keefe, Bruyette, & Woods, Inc., Research Division Michael David Zaremski - BMO Capital Markets Equity Research Robert Edward Farnam - Janney Montgomery Scott LLC, Research Division Operator Good day, and thank you for standing by.
AFG Q2 results reflect higher premiums across the segments, offset by lower net investment income and wider catastrophe losses.
![]() QFI 3 months ago | Other | €0.68 Per Share |
![]() QFI 4 months ago | Other | €1.7 Per Share |
![]() QFI 6 months ago | Other | €0.68 Per Share |
![]() QFI 8 months ago | Other | €3.39 Per Share |
![]() QFI 9 months ago | Other | €0.68 Per Share |
4 Nov 2025 (In 2 months) Date | | 2.21 Cons. EPS | - EPS |
3 Nov 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
5 Aug 2025 Date | | 2.1 Cons. EPS | - EPS |
4 Aug 2025 Date | | - Cons. EPS | - EPS |
6 May 2025 Date | | - Cons. EPS | - EPS |
![]() QFI 3 months ago | Other | €0.68 Per Share |
![]() QFI 4 months ago | Other | €1.7 Per Share |
![]() QFI 6 months ago | Other | €0.68 Per Share |
![]() QFI 8 months ago | Other | €3.39 Per Share |
![]() QFI 9 months ago | Other | €0.68 Per Share |
4 Nov 2025 (In 2 months) Date | | 2.21 Cons. EPS | - EPS |
3 Nov 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
5 Aug 2025 Date | | 2.1 Cons. EPS | - EPS |
4 Aug 2025 Date | | - Cons. EPS | - EPS |
6 May 2025 Date | | - Cons. EPS | - EPS |
Insurance - Property & Casualty Industry | Financial Services Sector | Stephen Craig Lindner CEO | XFRA Exchange | US0259321042 ISIN |
US Country | 8,500 Employees | 15 Jul 2025 Last Dividend | 18 Dec 2006 Last Split | - IPO Date |
American Financial Group, Inc., serving as a key player in the insurance sector, operates as an insurance holding company that primarily offers specialty property and casualty insurance products within the United States. The company, with an establishment back in 1872 and headquartered in Cincinnati, Ohio, channels its insurance products to customers through a vast network of independent insurance agents and brokers. This approach facilitates a wide-reaching service scope that caters to a diverse clientele across the nation, emphasizing the company's commitment to delivering tailored insurance solutions to meet the unique needs of its customers.
American Financial Group, Inc. extends an expansive portfolio of insurance products and services, categorized into three primary domains: