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American Financial Group AFG Property and casualty insurance — Premiums Earned, Net

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Other financials

Income statement

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Revenue$2.0B+5.5%
Operating income$316.0M+38.0%
Net income$248.0M+42.5%
EPS (diluted)$2.99+44.4%

Balance sheet

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Cash & equivalents$1.4B+13.4%
Total debt$2.0B+19.3%
Total equity$4.8B+6.8%
Total assets$33.0B+7.7%

Cash flow

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Operating cash flow$92.0M-51.8%

Valuation

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Market cap$12.19B+14.3%
Enterprise value$12.78B+15.2%
P/E12.8×-1.2×
P/S1.5×+0.2×

Profitability

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Operating margin14.5%+2.8pp
Net margin11.5%+2.3pp

Returns & leverage

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Return on equity20.4%+3.2pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by American Financial Group in its filing.

Tagged under the XBRL concept us-gaap:PremiumsEarnedNet.

The source filing: American Financial Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 3:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001042046-26-000024
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Property and transportation$590$576$1,116$1,076
Specialty casualty8147991,6131,593
Specialty financial290272574558
Total net earned premiums1,6941,6473,3033,227
Net investment income221179389349
Other income373
Total property and casualty insurance1,9181,8263,6993,579
Other9696187196

ITEM 1. — FINANCIAL STATEMENTS

FAQ

What is American Financial Group's property and casualty insurance — premiums earned, net?
American Financial Group (AFG) reported property and casualty insurance — premiums earned, net of $1.69B in Q2 2026.
How has American Financial Group's property and casualty insurance — premiums earned, net changed year-over-year?
American Financial Group's property and casualty insurance — premiums earned, net increased by 2.9% year-over-year, from $1.65B to $1.69B.
What is the long-term trend for American Financial Group's property and casualty insurance — premiums earned, net?
Over 3 years (2022 to 2025), American Financial Group's property and casualty insurance — premiums earned, net has grown at a 5.0% compound annual growth rate (CAGR), from $6.09B to $7.05B.
What does property and casualty insurance — premiums earned, net mean?
This represents the portion of premiums written that have been earned by the insurer during the reporting period after accounting for reinsurance. It is a primary measure of the volume of insurance business actually recognized as revenue. This metric excludes premiums ceded to other insurers.

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