American Financial Group posts strong Q3 with 7.5% premium growth and 22% ROE despite rising claims costs

American Financial Group, Inc. reported a solid Q3 2026 performance with net earned premiums rising 7.5% year-over-year and a robust 22% return on equity. While underwriting profitability was pressured by higher claims costs, the company benefited from strong investment income driven by higher interest rates and a one-time asset sale. Its defensive, high-quality investment portfolio supports ongoing income growth. With a 5.6% forward dividend yield and a premium valuation at 2.6 times book value, AFG is positioned more as an attractive income investment rather than a growth stock.

American Financial Group shares trade at USD 154.54 on Pluang as of Nov 05, 2026 02:41 WIB, near their 52-week high of USD 155.17. The stock gained 1.01% in the last day, reflecting steady investor interest. Its dividend yield on Pluang stands at 2.54%, lower than the 5.6% forward yield mentioned in the report, highlighting different yield measures.