American Financial Group (AFG) has strategically expanded its presence across various industries through targeted acquisitions and subsidiaries. By integrating businesses in specialty insurance, reinsurance, and financial services, AFG has solidified its role as a diversified financial leader, offering tailored solutions and driving growth to meet evolving customer needs.
How many companies were acquired by American Financial Group?
American Financial Group (AFG) has grown over the years through strategic acquisitions, enabling it to diversify its portfolio and strengthen its presence in specialty insurance and financial services. These acquisitions have been instrumental in shaping AFG’s business strategy and enhancing its position in the financial industry.
List of American Financial Group Acquisitions
S. No. | Acquiree Name | Announced Date | Price |
1 | Verikai | Jan 18, 2022 | $120M |
2 | ABA Insurance Services | Oct 11, 2018 | $28M |
3 | National Interstate Corporation | Jul 25, 2016 | – |
4 | Summit Holding Southeast | Jan 09, 2014 | – |
5 | Neon Underwriting Ltd. | Dec 18, 2007 | – |
6 | Strategic Comp | Dec 07, 2007 | – |
7 | Farmers Crop Insurance Alliance | Sep 21, 2005 | – |
8 | Manhattan National Life Insurance Co. | Jun 28, 2002 | – |
9 | Worldwide Insurance Co. | Apr 01, 1999 | – |
List of American Financial Group Subsidiaries
S. No. | Company | Country |
1 | Republic Indemnity Company of America | United States |
2 | Republic Indemnity Company of California | United States |
3 | Great American Financial Resources Inc | United States |
4 | Verikai Inc | United States |
5 | Bridgefield Casualty Insurance Company | United States |
6 | Bridgefield Employers Insurance Company | United States |
7 | GAI Warranty Company of Florida | United States |
8 | Summit Consulting LLC | United States |
9 | Crop Risk Services Inc | United States |
10 | Professional Risk Brokers Inc | United States |
11 | Farmers Crop Insurance Alliance Inc | United States |
12 | ABA Insurance Services Inc | United States |
13 | AFG Real Estate Holding Company LLC | United States |
14 | APU Holding Company | United States |
15 | American Empire Insurance Company | United States |
16 | American Money Management Corporation | United States |
17 | American Real Estate Capital Company LLC | United States |
18 | Bridgefield Indemnity Insurance Company | United States |
19 | GAI Warranty Company | United States |
20 | Great American Alliance Insurance Company | United States |
21 | Great American Assurance Company | United States |
22 | Great American Casualty Insurance Company | United States |
23 | Great American Contemporary Insurance Company | United States |
24 | Great American E&S Insurance Company | United States |
25 | Great American Fidelity Insurance Company | United States |
26 | Great American Holding Inc | United States |
27 | Great American Insurance Company | United States |
28 | Great American Protection Insurance Company | United States |
29 | Great American Risk Solutions Surplus Lines Insurance Company | United States |
30 | Great American Security Insurance Company | United States |
31 | Great American Spirit Insurance Company | United States |
32 | Mid-Continent Assurance Company | United States |
33 | Mid-Continent Casualty Company | United States |
34 | Mid-Continent Excess and Surplus Insurance Company | United States |
35 | National Interstate Corporation | United States |
36 | National Interstate Insurance Company | United States |
37 | National Interstate Insurance Company of Hawaii Inc | United States |
38 | Oklahoma Surety Company | United States |
39 | Triumphe Casualty Company | United States |
40 | Vanliner Insurance Company | United States |
41 | American Premier Underwriters Inc | United States |
42 | Great American Europe Limited | United Kingdom |
43 | Great American Holding (Europe) Limited | United Kingdom |
44 | Great American International Insurance (UK) Limited | United Kingdom |
45 | Great American Insurance Company of New York | New York |
46 | El Aguila Compañia de Seguros SA de CV | Mexico |
47 | Great American International Insurance (EU) Designated Activity Company | Ireland |
48 | Hudson Indemnity Ltd | Cayman Islands |
49 | GAI Insurance Company Ltd | Bermuda |