American Financial Group, Inc.
American Financial Group, Inc. is a holding company that, through subsidiaries engages primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the individual, bank and education markets. It operates through five segments: Property and Casualty Insurance, Annuity, Run-Off Long-Term Care and Life, Medicare Supplement and Critical Illness, and Other. The Property and Casualty Insurance segment operates through three sub-segments: Property and Transportation, Specialty Casualty and Specialty Financial. The Annuity segment is engaged in the sale of fixed and fixed-indexed annuities in the individual, bank and education markets through independent producers and also sells annuities through direct relationships with banks. The Run-Off Long-Term Care and Life segment include operations of United Teacher Associates Insurance Co., Continental General Insurance Co. and Manhattan National Life Insurance Co. The Other segment includes commercial real estate operations. The company was founded by Carl Henry Lindner Jr., in 1959 and is headquartered in Cincinnati, OH.