American Financial Group (AFG) Tops Q2 EPS by 9c

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American Financial Group, Inc. Announces Second Quarter Results

August 4, 2020 5:01 PM EDT

Net earnings per share of $1.97; includes $0.92 per share in after-tax non-core items Core net operating earnings before impact of alternative investments, $1.53 per share; includes $0.75 per share in COVID-19 related losses Core net operating earnings of $1.05 per share; includes $0.48 per share loss from alternative investments and $0.75 per share in COVID-19 related losses Overall Specialty P&C renewal rates up 13%, excluding workers compensation Parent company cash of $500 million and excess capital of $850 million at June 30, 2020 Full year 2020 core net operating earnings guidance excluding the impact of alternative investments... More