• American Financial Group posted net earnings of $191 million for first-quarter 2026, rising 24% from a year earlier, with diluted EPS of $2.29.
• P&C pretax earnings climbed 26% to $309 million as underwriting gain rose 66% to $156 million; specialty combined ratio improved 3.7 percentage points to 90.3%.
• Gross written premiums increased 6% to $2.44 billion, while catastrophe losses narrowed to $35 million from $72 million.
• Net investment income in the P&C segment edged down 1% to $168 million as alternative investments swung to a $3 million loss from $12 million income.
• Management forecast overall premium growth and strong underwriting results, expecting improved returns on alternative investments to lift net investment income beginning in second-half 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Financial Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001042046-26-000014), on May 07, 2026, and is solely responsible for the information contained therein.