American Financial Group achieved record third quarter 2026 core net operating earnings of $3.97 per share, representing a 48% increase year-over-year. Growth was primarily fueled by record net investment income and healthy premium expansion across its specialty property and casualty operations.
Key Highlights
- Net written premiums grew 9% to $2.45 billion, supported by new business opportunities and a 6% average renewal rate increase excluding workers' compensation.
- The sale of Charleston Harbor Resort & Marina generated a $126 million pretax gain, contributing $1.21 per share to core operating results.
- Annualized core operating return on equity reached a robust 26.0% for the quarter.
- A special cash dividend of $3.50 per share was declared, payable in November 2026, reflecting significant excess capital deployment.