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 $41.6million for its third quarter, a 55 percent jump from $26.9 millionin earnings posted during the corresponding period from one yearago.
"The insurance industry continues to benefit from favorablepricing conditions, particularly in certain specialty casualtymarkets, and we believe we will continue to benefit from thesetrends," said Carl Lindner, chief executive officer at AFG.
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