On this page of StockholderLetter.com we present the latest annual shareholder letter from AMERICAN FINANCIAL GROUP INC — ticker symbol AFG. Reading current and past AFG letters to shareholders can bring important insights into the investment thesis.


01
AFG 2023 Highlights
CORE OPERATING
RETURN ON EQUITY
RECORD NET
WRITTEN PREMIUMS
19.8

SPECIALTY P&C GROUP
GAAP COMBINED RATIO
90.3

CAPITAL RETURNED TO
SHAREHOLDERS
900M

6.7B

GROWTH IN P&C NET INVESTMENT
INCOME, EXCLUDING ALTERNATIVE
INVESTMENTS
35.4

GROWTH IN ADJUSTED BOOK
VALUE PER SHARE PLUS DIVIDENDS
16.6

03
 • shareholder letter icon 4/4/2024 Letter Continued (Full PDF)
 • stockholder letter icon 4/3/2023 AFG Stockholder Letter
 • stockholder letter icon More "Insurance Brokers" Category Stockholder Letters
 • Benford's Law Stocks icon AFG Benford's Law Stock Score = 97


AFG Shareholder/Stockholder Letter Transcript:



01
AFG 2023 Highlights
CORE OPERATING
RETURN ON EQUITY
RECORD NET
WRITTEN PREMIUMS
19.8

SPECIALTY P&C GROUP
GAAP COMBINED RATIO
90.3

CAPITAL RETURNED TO
SHAREHOLDERS
900M

6.7B

GROWTH IN P&C NET INVESTMENT
INCOME, EXCLUDING ALTERNATIVE
INVESTMENTS
35.4

GROWTH IN ADJUSTED BOOK
VALUE PER SHARE PLUS DIVIDENDS
16.6



03



shareholder letter icon 4/4/2024 Letter Continued (Full PDF)
 

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