First-quarter net income at American Financial Group Inc. rose to $153 million in the first quarter, a 51% increase from $101 million in the same quarter of 2016, the company reported on Wednesday.
AFG’s specialty casualty group reported an underwriting profit of $15 million in the first quarter of 2017 compared to $29 million in the prior-year quarter. Combined ratio was 97.0%, up from 94.3% in the first quarter of 2016.
The specialty casualty group, the largest group within AFG’s specialty property and casualty operations, includes worker...
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