Highest-materiality recent filing
American Financial Group annual meeting results: all 12 directors elected, proposals approved
All 12 director nominees elected; votes for ranged from 62.99M to 72.10M.
AFG Q1 core EPS $2.47 (+36% YoY); sells Charleston Harbor for $125M gain
Core net operating EPS of $2.47 vs $1.81 YoY; net EPS $2.29 includes ($0.18) non-core losses.
AFG adopts 2026 executive long-term incentive plan; substantially similar to 2016 plan
Compensation Committee approved the New LTIC on February 13, 2026, replacing the 2016 plan.
AFG Q4 core EPS $3.65, record underwriting profit up 41%; declares $1.50 special dividend
Q4 2025 net earnings $299M ($3.58/share); core net operating earnings $305M ($3.65/share).
AFG Board authorizes repurchase of up to 5M shares through 2030
New program authorizes up to 5,000,000 shares of common stock, replacing program expiring Dec 31, 2025.
AFG Q3 core EPS $2.69 (+16% YoY); declares $2.00 special dividend
Net earnings $215M ($2.58/sh); core net operating earnings $224M ($2.69/sh), up 16% YoY.
AFG enters into purchase agreement for $350M 5.000% Senior Notes due 2035
Aggregate principal of $350 million, interest rate of 5.000%, maturity September 2035.
AFG Q2 net earnings $2.07 per share down from $2.49; core EPS $2.14, annualized ROE 15.0%
Net earnings $174M ($2.07 diluted EPS) vs $209M ($2.49) in Q2 2024; core net operating earnings $179M ($2.14).
AFG terminates agreements to sell Charleston Harbor Resort & Marina; to evaluate alternatives
On June 6, 2025, a wholly-owned subsidiary terminated agreements to sell Charleston Harbor Resort & Marina.
Shareholders approve amendment to 2015 Stock Incentive Plan; elect 12 directors at annual meeting
Approved amendment to add non-employee directors as participants in the stock incentive plan (72,116,440 for, 2,093,497 against, 77,637 abstain, 2,931,408 broker non-votes).
AFG Q1 net EPS $1.84 vs $2.89 YoY; core EPS $1.81; combined ratio 94.0% (up 3.9 pts)
Net earnings $154M ($1.84/diluted share) vs $242M ($2.89) in Q1 2024; core net operating earnings $152M ($1.81) vs $231M ($2.76).
AFG to sell Charleston Harbor Resort & Marina; expects ~$100M after-tax gain
After-tax gain of ~$100M ($1.20 per share) expected on the sale.
AFG declares special $2.00 dividend, repurchases $50M stock YTD
Special cash dividend of $2.00 per share, payable March 28, 2025 to holders of record March 17, 2025.
AFG elects Craig Lindner Jr. and David Thompson to board; Evans not standing for re-election
Board elected Craig Lindner Jr. (President, AFG Real Estate) and David L. Thompson Jr. (Chairman/President/COO of Great American Insurance) as directors effective immediately.
AFG Q4 core EPS $3.12 vs $2.84 YoY; guides 2025 core EPS ~$10.50
Net earnings Q4 $255M ($3.03); core net operating earnings $262M ($3.12).
AFG renews consulting agreement with Director James E. Evans for 2025 on same terms
James E. Evans, board member and former officer, renewed consulting agreement for 2025.
AFG Q3 net earnings $2.16/sh; declares $4 special dividend
Q3 net earnings $181M ($2.16/sh); core net operating earnings $2.31/sh vs $2.45/sh YoY.
AFG Q2 2024: Core EPS $2.56 (+8% YoY), P&C combined ratio improves to 90.5%
Core net operating EPS $2.56 vs $2.38 YoY, up 8%; net earnings $209M ($2.49 diluted).
Shareholders approve Amended 2015 Stock Plan, reelect directors at AFG annual meeting
Shareholders approved Amended and Restated 2015 Stock Incentive Plan with 72.8M for, 2.1M against.
AFG Q1 net EPS $2.89 up 16% YoY; core EPS $2.76 down 4.5% on lower alternatives
Net earnings $242M ($2.89/sh) vs $212M ($2.49) YoY; includes $0.13/sh after-tax non-core gains on securities.
AFG elects Roger K. Newport to board; director Terry S. Jacobs to retire at 2024 annual meeting
Elected Roger K. Newport as independent director effective Feb. 27, 2024, to serve on Audit Committee.
AFG reports Q4 core EPS $2.84, full-year core EPS $10.56; special dividend $2.50/share
Q4 net earnings $263M ($3.13/sh) vs $276M ($3.24/sh) YoY; core net operating earnings $238M ($2.84/sh) vs $255M ($2.99/sh).
AFG renews consulting agreement with James E. Evans for 2024 on same terms
James E. Evans, former officer and board member, has served as executive consultant since 2014.
AFG Q3 2023 core EPS $2.45, up 9% YoY; declares special $1.50 dividend
Core net operating earnings $208M ($2.45/sh), up 9% from $2.24; annualized core ROE 18.3%.
AFG SVP and Executive Counsel Vito C. Peraino retires effective Oct. 6, 2023
Vito C. Peraino retired as Senior Vice President and Executive Counsel on October 6, 2023.
AFG Q2 core EPS $2.38, down from $2.85; FY guidance cut to $10.15-$11.15
Net earnings $200M ($2.34 EPS) vs $167M ($1.96) in Q2 2022; core NOE $202M ($2.38).
AFG completes acquisition of Crop Risk Services from AIG
CRS is the 7th largest U.S. multi-peril crop insurer by 2022 premiums.
American Financial Group names John B. Berding President; enters new $450M credit facility
John B. Berding elected President of AFG, effective June 27, 2023; continues as President of AMMC and Board member.
AFG annual meeting elects 11 directors, ratifies auditor, approves say-on-pay
All 11 director nominees elected; Carl H. Lindner III received 73.1M votes for, 1.8M withheld.
AFG to acquire AIG's Crop Risk Services for $240M; close expected Q3 2023
Purchase price $240M cash; CRS 2022 gross written premiums ~$1.2B; seventh largest U.S. multi-peril crop insurer.
AFG Q1 core EPS $2.89 vs $3.56 YoY; acquires Crop Risk Services from AIG
Core net operating earnings $247M ($2.89/share) vs $303M ($3.56) in Q1 2022, down 18.5% YoY.
Q4 core net operating earnings $2.99 per share vs $4.12 YoY; FY2022 record core EPS $11.63, core ROE 21.2%.
AFG renews consulting agreement with former officer James Evans for 2023
On December 1, 2022, AFG renewed James E. Evans' consulting agreement for 2023 on the same terms as 2022.
AFG Q3 core EPS $2.24, guides FY22 $11.00-$11.75; special dividend $2.00
Core net operating earnings $2.24 per share ($192M), down from $2.71 ($231M) YoY; includes $0.36 after-tax catastrophe losses.
AFG Q2 core EPS $2.85, up 19% YoY; guides FY22 core EPS $10.75-$11.75
Core net operating earnings $2.85 per share ($243M), up from $2.39 in Q2 2021.
AFG shareholders elect directors, ratify auditor, approve advisory compensation at annual meeting
All 11 director nominees elected; Carl H. Lindner III received 73,077,401 for shares.
AFG Q1 core EPS $3.56 (+50% YoY); declares $8 special dividend; boosts FY guidance to $10.50-$11.50
Q1 2022 core net operating earnings $303M ($3.56/share), up 50% from $2.38 in Q1 2021.
AFG declares special dividend of $2.00 per share, payable March 22, 2022
Special cash dividend of $2.00 per share; total payout ~$170 million.
AFG Q4 core EPS $4.12 vs $2.01 YoY; 2022 guidance $9.75-$10.75; combined ratio 80.7%
Q4 2021 net earnings $4.18 per share (vs $7.93 in Q4 2020 which included $5.92 from discontinued ops).
AFG declares special $2.00 per share dividend payable Dec 30, 2021
One-time special cash dividend of $2.00 per share; aggregate payment approx. $170 million.
Director Virginia C. Drosos resigns; consulting pact with James E. Evans renewed
Virginia C. Drosos resigned from the Board on Dec 8, 2021, to pursue another board opportunity.
AFG board change: Director Drosos resigns Dec 8; Amy Murray elected
Virginia C. Drosos to resign from AFG Board effective Dec 8, 2021, to pursue another board opportunity; no disagreement.
AFG Q3 core EPS $2.71 (+96% YoY); raises FY guidance; declares $4 special dividend
Core net operating earnings $2.71 per share, up 96% from $1.38 in Q3 2020.
AFG declares special $4.00/share dividend; aggregate ~$340M payable Oct 5
Special one-time cash dividend of $4.00 per share, payable Oct 5, 2021 to holders of record Sep 28, 2021.
AFG Q2 core EPS $2.39 vs $0.67; raises FY21 guidance from $7-8 to $8.40-$9.20
Core net operating earnings $2.39/share vs $0.67 prior year; net earnings $11.70 includes $9.31 non-core items (gain on annuity sale).
AFG declares $2.00 special dividend; repurchased $114M in Q2 2021
Special one-time cash dividend of $2.00 per share, payable Aug 2, 2021 to holders of record July 26, 2021.
On February 19, 2025, the Board of Directors (“Board”) of American Financial Group, Inc. (“Company”) elected Craig Lindner Jr. and David L. Thompson Jr. as Directors, effective immediately
On February 19, 2025, the Board of Directors (“Board”) of American Financial Group, Inc. (“Company”) elected Craig Lindner Jr. and David L. Thompson Jr. as Directors, effective immediately
James E. Evans notified the Board of his intention not to stand for re-election at the 2025 Annual Meeting of Shareholders
The Board of Directors (the “Board”) of American Financial Group, Inc. (the “Company”) elected Roger K. Newport to serve as a director effective February 27, 2024, until the next annual meeting of shareholders and until his successor is duly elected and qualified.
On February 27, 2024, Terry S. Jacobs notified the Board of his intention to not stand for re-election at the 2024 Annual Meeting and to retire from the Board at such time.
On October 6, 2023, Mr. Vito C. Peraino retired as Senior Vice President and Executive Counsel of American Financial Group, Inc.
On June 27, 2023, the Company announced the promotion of John B. Berding to President of the Company, effective immediately.
Virginia C. “Gina” Drosos intended to resign from the Board of Directors (the “Board”) of American Financial Group, Inc. on December 8, 2021, and Ms. Drosos formally resigned on that date.
Also on November 10, 2021, the Board elected Amy Y. Murray to serve as a director until the next annual meeting of shareholders and until her successor is duly elected and qualified.
On November 10, 2021, Virginia C. “Gina” Drosos informed the Board of Directors (the “Board”) of American Financial Group, Inc. (the “Company”) of her intention to resign from her role as a director of the Company on December 8, 2021.
Max materiality 0.85 · Median 0.70 · Most common event earnings