The outlook on American Financial Group Inc. (AFG) and related entities was revised from stable to negative by S&P, which indicated it would be meeting with the company to discuss strategies for improving profitability. In the second quarter of 2000, AFG’s property/casualty business reported a combined ratio of 106.8 percent, compared to a 101.4 percent level reported for the same period a year earlier and 102.0 percent for all of 1999.
Topics Trends
Was this article valuable?
Here are more articles you may enjoy.
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders 
Agency Customer Rep and Miami Businessman Killed in Separate Boat Accidents 
Farmers Insurance Plans Historic, Rapid Expansion of Agency Force From This Issue
