American Financial Group, Inc. (NYSE: AFG) has reported net earnings from its insurance businesses of $23.9 million ($.35 per share) for the second quarter of 2001. The underwriting results of the property and casualty insurance ('P&C') operations were on par with the 2001 first quarter and improved somewhat over the 2000 second quarter. Net earnings for the second quarter of 2001 were $6.3 million ($.09 per share) which includes investee losses of $2.3 million and net realized losses of $15.3 million.
AFG ended the 2001 second quarter with shareholders' equity of $1.6 billion, book value pe...
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