Fitch took rating actions on a group of the American Financial Group Inc. (AFG), a publicly held holding company with subsidiaries which are mainly engaged in selling property/casualty and life insurance and annuities. The following ratings were affirmed: the “A-” senior debt rating of AFG and American Financial Corp.; the “BBB+” subordinated debt rating of American Premier Underwriters Inc.; the “BBB” trust originated preferred securities (TOPrS) rating of American Financial Capital Trust I; and the “AA-” insurer financial strength rating of the Great American Insurance Company Intercompany Pool. The rating outlook is negative.
Was this article valuable?
Here are more articles you may enjoy.
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise
IMA Latest to Sue Howden Over Alleged Employee Poaching
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit
Ship Insurers Set for Major Claims From Iran War, Allianz Says 


