American Financial Group Company Source Reference Guide
American Financial Group focuses on specialty commercial P&C through numerous Great American underwriting companies. The group brand helps organise the businesses, but it does not make every insurer's licenses, ratings or statutory record interchangeable.
What to read first
American Financial Group's 2025 annual report contains the audited consolidated and specialty-segment record. Full-year results supply current headline and non-GAAP measures, the quarterly library provides reconciliations, and the SEC page confirms the parent registrant.
Reporting perimeter and reporting period
American Financial Group, Inc. is a U.S.-listed specialty commercial P&C parent. Its consolidated and segment reporting encompasses numerous Great American underwriting companies, each of which retains its own licenses, ratings and statutory identity.
Official sources and what they establish
2025 Annual Report / annual report
American Financial Group; FY2025. American Financial Group consolidated and specialty P&C segments. The 2025 report supplies audited revenue, net earnings, premium, underwriting, combined-ratio, investment, capital, and segment information.
Fourth Quarter and Full-Year 2025 Results / full-year results
American Financial Group; FY2025 and Q4 2025. American Financial Group consolidated earnings and Specialty P&C net earned premiums. For FY2025, net earnings were USD 842 million, or USD 10.08 per diluted share, and Specialty P&C net earned premiums were USD 7,046 million; core net operating earnings were USD 860 million, or USD 10.29 per diluted share. Core net operating earnings are non-GAAP. The per-share amounts use the diluted-share basis, while Specialty P&C net earned premiums have a narrower scope than consolidated earnings.
Quarterly Results Library / reporting library
American Financial Group; 2025 reporting set. AFG consolidated and named specialty groups. The library provides the Q4 release, 10-K, investor supplement, and reconciliations for FY2025.
AFG Filing Record / regulatory filing
U.S. Securities and Exchange Commission; 2025 Form 10-K filed 2026. American Financial Group, Inc. registrant. The SEC path independently supports the parent registrant and filing period.
Group, legal-entity and subsidiary boundaries
American Financial Group, Inc. consolidates specialty P&C operations conducted through individual Great American companies. Parent earnings and segment measures do not confer a license, rating or statutory position on every underwriting entity.
Interpretation notes and limitations
Specialty P&C net earned premiums have a narrower scope than consolidated earnings. Core net operating earnings are non-GAAP, and a Great American company is attributed only where the source identifies that legal entity.
Related intelligence
- Company profile
- Official references for this company
- Specialty Insurance intelligence
- Commercial Insurance intelligence
- Property And Casualty intelligence
Sources and methodology
- 2025 Annual Report / annual report — American Financial Group; FY2025; American Financial Group consolidated and specialty P&C segments.
- Fourth Quarter and Full-Year 2025 Results / full-year results — American Financial Group; FY2025 and Q4 2025; American Financial Group consolidated earnings and Specialty P&C net earned premiums.
- Quarterly Results Library / reporting library — American Financial Group; 2025 reporting set; AFG consolidated and named specialty groups.
- AFG Filing Record / regulatory filing — U.S. Securities and Exchange Commission; 2025 Form 10-K filed 2026; American Financial Group, Inc. registrant.