Latest AF Gruppen Headlines
All the headlines from our AF Gruppen Topic Page, ordered by recency.
Fitch Affirms AFG and Subs
Jan 7 2004 // Fitch Ratings has affirmed the ‘BBB+’ long-term issuer ratings of American Financial Group Inc. (AFG) and its subsidiaries American Premier Underwriters Inc. (APU) and Great American Financial Resources Inc....
AFG Declares 12.5-Cent Dividend
Jan 5 2004 // Cincinnati-based insurer American Financial Group Inc. declared a quarterly dividend of 12.5 cents per share of the company’s common stock. The dividend is payable Jan. 25, 2004 to holders of record on Jan. 15, 2004.
AFG Sells Last Shares of Infinity P&C, Nets $35 Million
Dec 18 2003 // Cincinnati, Ohio-based insurer American Financial Group announced today the closing of the sale of its remaining shares in Infinity Property and Casualty Corp. Net proceeds from the sale were $227 million. AFG expects to...
AFG Completes Merger With Subsidiary
Nov 21 2003 // Cincinnati-based insurer American Financial Group, Inc. has completed its merger with its subsidiary, American Financial Corporation. The merger significantly increases AFG shareholders’ equity and simplifies the...
AFG’s 3Q Earnings Down 14% From Year Earlier
Nov 3 2003 // Cincinnati-based insurer American Financial Group (AFG) reported net earnings for the 2003 third quarter of $41.6 million, or 59 cents per share. These results include an after-tax charge of $23.1 million, or 33 cents per...
AFG Increases Payout in Proposed Merger
Oct 8 2003 // Cincinnati-based insurer American Financial Group Inc. announced that it and its subsidiary, American Financial Corporation (AFC), have agreed to amend their pending merger agreement, to provide for an increase in the...
AFG Posts $30 Million Q2 Profit
Aug 1 2003 // Cincinnati-based carrier American Financial Group Inc. reported second-quarter net earnings of of $30.5 million (44 cents per share). The results included an after-tax charge of $28.5 million (41 cents per share) for the...
AFG to Merge With Subsidiary
Jul 8 2003 // Cincinnati-based American Financial Group Inc. announced today that it has entered into a merger agreement with its subsidiary, American Financial Corporation (AFC), pursuant to previously announced plans to simplify its...
AFG Declares 12.5-cent Quarterly Dividend
Jul 2 2003 // Cincinnati-based American Financial Group Inc. (AFG) declared a quarterly dividend of 12.5 cents per share of AFG common stock. The dividend is payable on July 25, 2003 to holders of record on July 15, 2003.
AFG Closes $175 Million Senior Convertible Note Offer
Jun 3 2003 // Cincinnati-based American Financial Group Inc. (AFG) reported it is has closed the sale of its previously announced offering of 30-year senior convertible notes, resulting in gross proceeds to the Company of approximately...
Arbitration Decision Means $29 Million Charge for AFG
May 28 2003 // Cincinnati-based American Financial Group Inc. announced last week that its principal property and casualty insurance subsidiary, Great American Insurance Company, had been notified of an arbitration decision resulting...
AFG Notified of Arbitration Decision
May 22 2003 // Cincinnati-based American Financial Group Inc. announced that its principal property and casualty insurance subsidiary, Great American Insurance Company, was notified of an arbitration decision resulting from its share of...
AFG Reports $25.1 Million in First-Quarter Earnings
May 2 2003 // Cincinnati-based American Financial Group Inc. reported net earnings for the first quarter of $25.1 million (36 cents per share). These results include an after-tax loss of $25.6 million on the sale of 61 percent of...
AFG Proposes to Abide by NYSE Board Rules
May 1 2003 // Cincinnati-based American Financial Group Inc. (AFG) announced changes to its board of directors to create a board that is composed of a majority of independent directors. Keith E. Lindner, a director and co-president of...
AFG Proposes to Simplify Its Holding Company Structure
Apr 18 2003 // Cincinnati-based property/casualty insurer American Financial Group Inc. is proposing steps to simplify its corporate structure and eliminate the publicly-traded preferred stock of a subsidiary, thus converting minority...
Moody’s Revises AFG to Negative
Mar 3 2003 // Moody’s Investors Service has confirmed the A3 insurance financial strength ratings of the property and casualty insurance subsidiaries of American Financial Group as well as its debt ratings (senior unsecured at...
AFG’s Fourth Quarter Earnings Up 40% Over 2001
Feb 20 2003 // American Financial Group Inc.’s (AFG) fourth-quarter net earnings were up 40 percent from a year earlier to $44.2 million, or 64 cents per share, from $31.5 million, or 46 cents per share, thanks to AFG’s focus...
AFG to Buy 30% of Infinity Stock
Feb 13 2003 // American Financial Group Inc. has priced the common stock offering of nearly 12.4 million shares of Infinity Property and Casualty Corp. at $16 per share. In addition, the Cincinnati, Ohio-based property/casualty insurer...
Debt Ratings Assigned for American Financial Group
Jun 25 2002 // A.M. Best Co. assigned initial debt ratings to the existing debt of Cincinnati-Ohio-based American Financial Group Inc. Included is the assignment of a “bbb” to American Financial Group Inc.’s senior...
Debt Ratings Assigned for American Financial Group
Jun 21 2002 // A.M. Best Co. assigned initial debt ratings to the existing debt of Cincinnati-Ohio-based American Financial Group Inc. Included is the assignment of a “bbb” to American Financial Group Inc.’s senior...
