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American Financial Group, Inc.

 

AFG

American Financial Group, Inc. is a holding company that, through subsidiaries, is involved mainly in property and casualty insurance focusing on specialized commercial products for businesses. AFG is also engaged in the sale of fixed and variable annuities, and various forms of supplemental insurance. AFG operates through three business units: property and casualty insurance; annuity and supplemental insurance, and other, which includes holding company assets. The company operates its property and casualty insurance business in specialty sub-segments consisting of property and transportation; specialty financial, specialty casualty; and California workers' compensation. AFG's annuity and supplemental insurance business markets traditional fixed, indexed and variable annuities and a variety of supplemental insurance products. In August 2006, AFG’s 81%-owned subsidiary, Great American Financial Resources, Inc., acquired Ceres Group, Inc.

 

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