American Financial Group's P&C Earnings up 29% in 4Q

American Financial Group Inc., the parent company of property and casualty carrier Great American Insurance Group, has reported fourth-quarter earnings of $166 million. That’s down 56% from the fourth quarter of last year, but it surpassed financial analysts’ predictions for this quarter, according to the Associated Press. Though earnings were slimmer in 2017’s fourth quarter overall, earnings in AFG’s property and casualty sector were 29% higher than those of the prior-year period. The company’s property and casualty sector brought in $233 million in earnings ...