AFG Posts Profit, Plans To Sell Infinity Share
NU Online News Service, Oct. 30, 1:48 p.m. EST?American Financial Group posted net profit of $41.6 million for its third quarter, a 55 percent jump from $26.9 million in earnings posted during the corresponding period from one year ago.
"The insurance industry continues to benefit from favorable pricing conditions, particularly in certain specialty casualty markets, and we believe we will continue to benefit from these trends," said Carl Lindner, chief executive officer at AFG.
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