Great American Insurance Company
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Native name
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American Financing |
|---|---|
| Public | |
| Traded as | : AFG S&P 400 Component |
| Industry | Financial Services |
| Founded | 1872 |
| Headquarters |
Great American Tower at Queen City Square Cincinnati, OH |
|
Key people
|
Carl H. Lindner (Founder) S. Craig Lindner (Co-CEO) (Co-President) & (Director) Carl H. Lindner III (Co-CEO) (Co-President) & (Director) |
| Products | Insurance |
| Revenue |
 US$4.75 billion (FY 2011)
|
|
US$343 million (FY 2011)
|
|
| Total assets |
US$36.0 billion (FY 2011)
|
| Total equity |
US$4.55 billion (FY 2011)
|
|
Number of employees
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6,700 (2015) |
| Website | http://www.afginc.com |
American Financial Group Incorporated is an American financing holding company based in Cincinnati, Ohio whose primary business is insurance and investments.
American Financial Group's major insurance division operates as the Great American Insurance Company, founded in 1872 and focuses on property and casualty insurance services. Other affiliates and subsidiaries include Great American Custom, Mid-Continent Group, National Interstate, and Republic Indemnity. Additional insurance specialties include (but are not limited to) equine, trucking, executive liability, fidelity and crime, and agribusiness. Great American Financial Resources is a wholly owned subsidiary of American Financial Group and supplies a range of annuities, life insurance products and supplemental insurances to individuals and enterprises.
The parent company, AFG, is owned principally by the family of financier Carl Lindner, Jr., who bought the company in 1973 and served as its chairman until his death in 2011. The senior Lindner's sons, Carl H. Lindner III and S. Craig Lindner serve as Co-Chief Executive Officers.
American Financial Group was ranked 486th on the Fortune 500 list in 2004. Through the years American Financial Group has owned a number of subsidiaries, real estate properties, and companies, including The Mountain View Grand Resort & Spa in Whitefield, New Hampshire, The Cincinnatian in Cincinnati, Ohio, The Biltmore in Coral Gables, Florida, Le Pavillon in New Orleans, Louisiana, and the Charleston Harbor Resort and Marina in Charleston, South Carolina. Great American Insurance Group partnered with the baseball team, the Cincinnati Reds, and Hamilton County to purchase naming rights for Great American Ball Park.
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Wikipedia