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American Financial Group AFG Property Liability And Casualty Insurance — Premiums Earned Net

Discontinued — last reported Q4 '23

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Other financials

Income statement

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Revenue$1.9B-0.1%
Operating income$239.0M+21.3%
Net income$191.0M+24.0%
EPS (diluted)$2.29+24.5%

Balance sheet

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Cash & equivalents$1.4B+6.0%
Total debt$2.0B+19.3%
Total equity$4.7B+6.5%
Total assets$32.4B+6.8%

Cash flow

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Operating cash flow$474.0M+38.6%

Valuation

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Market cap$11.04B-3.6%
Enterprise value$11.72B-1.2%
P/E12.6×-1.8×
P/S1.4×0.0×

Profitability

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Operating margin13.6%+1.4pp
Net margin10.8%+1.1pp

Returns & leverage

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Return on equity19.4%+0.9pp
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 official record: American Financial Group’s 10-K, filed February 23, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Financial Group's property liability and casualty insurance — premiums earned net?
American Financial Group (AFG) reported property liability and casualty insurance — premiums earned net of $1.63B in Q4 2023.
How has American Financial Group's property liability and casualty insurance — premiums earned net changed year-over-year?
American Financial Group's property liability and casualty insurance — premiums earned net increased by 7.3% year-over-year, from $1.52B to $1.63B.
What is the long-term trend for American Financial Group's property liability and casualty insurance — premiums earned net?
Over 2 years (2021 to 2023), American Financial Group's property liability and casualty insurance — premiums earned net has grown at a 9.9% compound annual growth rate (CAGR), from $5.4B to $6.53B.
What does property liability and casualty insurance — premiums earned net mean?
The amount of insurance revenue recognized during the period after accounting for reinsurance costs.
How do you interpret property liability and casualty insurance — premiums earned net?
An increase indicates growth in the volume of insurance business retained by the company, while a decrease may suggest reduced market share, stricter underwriting standards, or increased reliance on reinsurance.
How does property liability and casualty insurance — premiums earned net compare across companies?
Comparable to net premiums earned reported by other diversified property and casualty insurers, though variations exist based on the specific mix of commercial lines and reinsurance strategies.