• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    American Financial Group Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    9/23/25 2:50:05 PM ET
    $AFG
    Property-Casualty Insurers
    Finance
    Get the next $AFG alert in real time by email
    false000104204600010420462025-09-162025-09-160001042046afg:Four5SubordinatedDebenturesDueSeptember152060Member2025-09-162025-09-160001042046afg:Five125SubordinatedDebenturesDueDecember152059Member2025-09-162025-09-160001042046afg:Five875SubordinatedDebenturesDueMarch302059Member2025-09-162025-09-160001042046afg:Five625SubordinatedDebenturesDueJune12060Member2025-09-162025-09-160001042046us-gaap:CommonStockMember2025-09-162025-09-16

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    FORM 8-K

    CURRENT REPORT
    Pursuant to Section 13 OR 15(d) of
    The Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported):  September 16, 2025

    AMERICAN FINANCIAL GROUP INC.
    (Exact name of registrant as specified in its charter)

    Ohio
    1-13653
    31-1544320
         
    (State or other jurisdiction of incorporation)
    (Commission File Number)
    (IRS Employer Identification No.)

    301 East Fourth Street, Cincinnati, OH
     
    45202

     

    (Address of principal executive offices)
     
    (Zip Code)

    Registrant's telephone number, including area code: 513-579-2121

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

     
    Title of each class
    Trading Symbol(s)
    Name of each exchange on which registered
      Common Stock
    AFG
    New York Stock Exchange
     
    5.875% Subordinated Debentures due March 30, 2059
    AFGB
    New York Stock Exchange
     
    5.125% Subordinated Debentures due December 15, 2059
    AFGC
    New York Stock Exchange
     
    5.625% Subordinated Debentures due June 1, 2060
    AFGD
    New York Stock Exchange
     
    4.5% Subordinated Debentures due September 15, 2060
    AFGE
    New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

     
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.          ☐



    Section 8   Other Events
     
    Item 8.01
    Other Events.
     
    On September 16, 2025, American Financial Group, Inc. (the “Registrant”) entered into a Purchase Agreement (the “Purchase Agreement”) by and among the Registrant and BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters, relating to the issuance and sale in an underwritten public offering of $350 million aggregate principal amount of the Registrant’s 5.000% Senior Notes due September 2035 (the “Senior Notes”). The Senior Notes will be issued under an indenture dated as of November 12, 1997 between the Registrant and U.S. Bank Trust Company, National Association, as Trustee, (the "Indenture"), as supplemented by the Tenth Supplemental Indenture dated as of September 23, 2025 (the "Tenth Supplemental Indenture").
     
    For a description of the Senior Notes, see the materials set forth in the section captioned “Description of Debt Securities” in the Registration Statement described below and the materials set forth in the section captioned “Description of Senior Notes” in the Prospectus Supplement of the Registrant dated September 16, 2025 and filed with the Commission on September 17, 2025 pursuant to Rule 424(b) under the Securities Act of 1933, as amended, which is incorporated in this Current Report on Form 8-K by reference.
     
    The Indenture, as supplemented by the Tenth Supplemental Indenture, together with specimen copy of each of the Senior Notes, are incorporated by reference in this Current Report on Form 8-K. The foregoing description of the Senior Notes and the other documents relating to this transaction does not purport to be complete and is qualified in its entirety by reference to the full text of these securities and documents, forms or copies of which are incorporated in this Current Report on Form 8-K by reference.
     
    The Senior Notes are being offered and sold by the Registrant pursuant to a Registration Statement on Form S-3 (File No. 333-277425).
     
    Section 9 - Financial Statements and Exhibits
     
    Item 9.01
    Financial Statements and Exhibits.


    (d)
    Exhibits
     
    Exhibit No.
     
    Description
         
    1
     
    Purchase Agreement dated as of September 16, 2025 among the Registrant and BofA Securities, Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC, as representatives of the several underwriters.
     
       
    4.1
     
    Senior Debt Securities Indenture dated as of November 12, 1997, between the Registrant, as Issuer, U.S. Bank National Association (formerly known as Star Bank, N.A.), as Trustee (incorporated by reference to Exhibit 4.1 of the Registrant’s Form 8-A dated April 19, 1999).
     
       
    4.2
     
    Tenth Supplemental Indenture dated as of September 23, 2025 between the Registrant, as Issuer and U.S. Bank Trust Company, National Association, as Trustee.
     
       
    4.3
     
    Form of 5.000% Senior Notes due 2035 (included in Exhibit 4.2).
     
       
    5.1
     
    Opinion of Keating Muething & Klekamp PLL.
     
       
    23.1
     
    Consent of Keating Muething & Klekamp PLL (included in Exhibit 5).
     
       
    104
     
    Cover page Interactive Date File (embedded within Inline XBRL document).

    2

    SIGNATURES
     
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
    AMERICAN FINANCIAL GROUP, INC.
       
    Date:  September 23, 2025
    By:
    /s/ Joseph C. Alter
     

    Joseph C. Alter
     

    Vice President


    3

    Get the next $AFG alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $AFG

    DatePrice TargetRatingAnalyst
    2/7/2025$164.00 → $144.00Outperform → Mkt Perform
    Keefe Bruyette
    6/28/2024$144.00 → $137.00Buy → Neutral
    Citigroup
    2/8/2024$129.00Overweight → Neutral
    Piper Sandler
    12/14/2023$135.00Buy
    Janney
    11/22/2023$125.00Buy
    Citigroup
    9/7/2023$120.00Hold
    Jefferies
    1/20/2023$155.00Market Perform
    BMO Capital Markets
    7/15/2022$147.00Equal-Weight
    Morgan Stanley
    More analyst ratings

    $AFG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SVP, CFO Hertzman Brian S. sold $253,240 worth of shares (1,777 units at $142.51), decreasing direct ownership by 14% to 11,300 units (SEC Form 4)

    4 - AMERICAN FINANCIAL GROUP INC (0001042046) (Issuer)

    11/10/25 5:30:03 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    Sr. VP & General Counsel Weiss Mark A gifted 467 shares (SEC Form 4)

    4 - AMERICAN FINANCIAL GROUP INC (0001042046) (Issuer)

    9/4/25 4:30:08 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    Director Murray Amy Y sold $125,703 worth of shares (920 units at $136.63), decreasing direct ownership by 26% to 2,651 units (SEC Form 4)

    4 - AMERICAN FINANCIAL GROUP INC (0001042046) (Issuer)

    9/4/25 4:30:11 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    $AFG
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    American Financial Group, Inc., Management to Participate in Meetings Hosted by Dowling & Partners

    American Financial Group, Inc. (NYSE:AFG) announced today that Carl H. Lindner, III, Co-CEO, American Financial Group and David L. Thompson, President & Chief Operating Officer, Great American Insurance Group, along with Brian S. Hertzman, Senior Vice President & Chief Financial Officer, American Financial Group, will meet with investors in a forum hosted by Dowling & Partners in New York City at 1:00 p.m. (ET) on Thursday, November 20, 2025. The investor material to be used in the meeting will be posted via a link under Events on the Investor Relations page of AFG's website, www.AFGinc.com, prior to the event. About American Financial Group, Inc. American Financial Group is an insuran

    11/11/25 5:00:00 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend

    Net earnings per share of $2.58; includes $0.11 per share loss from non-core items Third quarter core net operating earnings of $2.69 per share, a 16% increase from the prior year period Third quarter annualized ROE of 18.2%; annualized core operating ROE of 19.0% Third quarter year-over-year growth in Specialty P&C underwriting profit of 19% Board of Directors declares $2.00 per share special dividend, payable November 26, 2025 American Financial Group, Inc. (NYSE:AFG) today reported 2025 third quarter net earnings of $215 million ($2.58 per share) compared to $181 million ($2.16 per share) in the 2024 third quarter. Net earnings included net after-tax non-core items that reduce

    11/4/25 5:00:00 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    American Financial Group, Inc., Management to Participate in the 2025 Raymond James Virtual Insurance Conference

    American Financial Group, Inc. (NYSE:AFG) announced today that Carl H. Lindner III and S. Craig Lindner, Co-Chief Executive Officers, and Brian S. Hertzman, Senior Vice President & Chief Financial Officer, will participate in the 2025 Raymond James Virtual Insurance Conference on Monday, November 10, 2025. While there will be no Company presentation, AFG will host several investor meetings. The investor material to be used in the meetings will be posted via a link under Events on the Investor Relations page of AFG's website, www.AFGinc.com, just prior to the conference. About American Financial Group, Inc. American Financial Group is an insurance holding company, based in Cincinnati,

    10/28/25 9:00:00 AM ET
    $AFG
    Property-Casualty Insurers
    Finance

    $AFG
    SEC Filings

    View All

    SEC Form 13F-HR filed by American Financial Group Inc.

    13F-HR - AMERICAN FINANCIAL GROUP INC (0001042046) (Filer)

    11/10/25 1:03:23 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    SEC Form 10-Q filed by American Financial Group Inc.

    10-Q - AMERICAN FINANCIAL GROUP INC (0001042046) (Filer)

    11/6/25 1:46:34 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    American Financial Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition

    8-K - AMERICAN FINANCIAL GROUP INC (0001042046) (Filer)

    11/5/25 7:16:29 AM ET
    $AFG
    Property-Casualty Insurers
    Finance

    $AFG
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Joseph Gregory G bought $362,986 worth of shares (3,000 units at $121.00) (SEC Form 4)

    4 - AMERICAN FINANCIAL GROUP INC (0001042046) (Issuer)

    2/24/25 5:00:03 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    Director Murray Amy Y bought $150,205 worth of shares (1,200 units at $125.17) (SEC Form 4)

    4 - AMERICAN FINANCIAL GROUP INC (0001042046) (Issuer)

    6/28/24 4:15:02 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    $AFG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    American Fincl downgraded by Keefe Bruyette with a new price target

    Keefe Bruyette downgraded American Fincl from Outperform to Mkt Perform and set a new price target of $144.00 from $164.00 previously

    2/7/25 7:06:08 AM ET
    $AFG
    Property-Casualty Insurers
    Finance

    American Fincl downgraded by Citigroup with a new price target

    Citigroup downgraded American Fincl from Buy to Neutral and set a new price target of $137.00 from $144.00 previously

    6/28/24 7:30:44 AM ET
    $AFG
    Property-Casualty Insurers
    Finance

    American Fincl downgraded by Piper Sandler with a new price target

    Piper Sandler downgraded American Fincl from Overweight to Neutral and set a new price target of $129.00

    2/8/24 6:25:53 AM ET
    $AFG
    Property-Casualty Insurers
    Finance

    $AFG
    Leadership Updates

    Live Leadership Updates

    View All

    American Financial Group, Inc. Announces the Retirement of David P. Faeth, Assistant Vice President

    American Financial Group (NYSE:AFG) announces the retirement of David (Dave) P. Faeth, Assistant Vice President, effective May 2022 after 36 years of service with the company. Mr. Faeth began his career in AFG's Tax Department in 1985. In 1993, he transitioned to the company's annuity business, where he held various positions of increased responsibility in the operations and finance areas. In 2007, he joined the Corporate Development team within Great American's P&C Group, where he led Enterprise Risk Management and Sarbanes-Oxley compliance. In 2013, Mr. Faeth assumed the role of AFG Assistant Vice President, where he was instrumental in developing and leading AFG's risk management funct

    1/10/22 4:30:00 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    $AFG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G filed by American Financial Group Inc.

    SC 13G - AMERICAN FINANCIAL GROUP INC (0001042046) (Filed by)

    11/8/24 5:00:37 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    SEC Form SC 13G/A filed by American Financial Group Inc. (Amendment)

    SC 13G/A - AMERICAN FINANCIAL GROUP INC (0001042046) (Subject)

    2/13/24 4:58:48 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    SEC Form SC 13G filed by American Financial Group Inc.

    SC 13G - AMERICAN FINANCIAL GROUP INC (0001042046) (Subject)

    2/9/24 8:35:54 AM ET
    $AFG
    Property-Casualty Insurers
    Finance

    $AFG
    Financials

    Live finance-specific insights

    View All

    American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend

    Net earnings per share of $2.58; includes $0.11 per share loss from non-core items Third quarter core net operating earnings of $2.69 per share, a 16% increase from the prior year period Third quarter annualized ROE of 18.2%; annualized core operating ROE of 19.0% Third quarter year-over-year growth in Specialty P&C underwriting profit of 19% Board of Directors declares $2.00 per share special dividend, payable November 26, 2025 American Financial Group, Inc. (NYSE:AFG) today reported 2025 third quarter net earnings of $215 million ($2.58 per share) compared to $181 million ($2.16 per share) in the 2024 third quarter. Net earnings included net after-tax non-core items that reduce

    11/4/25 5:00:00 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    American Financial Group, Inc. Announces Its Conference Call and Webcast to Discuss 2025 Third Quarter Results

    American Financial Group, Inc. (NYSE:AFG) expects to release its 2025 third quarter results after 5:00 p.m. (ET) on Tuesday, November 4, 2025. The release will be available shortly thereafter on AFG's website at www.AFGinc.com. In conjunction with its release, AFG will hold a conference call to discuss 2025 third quarter results at 11:30 a.m. (ET) on Wednesday, November 5, 2025. There are two ways to access the call. By Telephone Participants should register for the call here now or any time up to and during the time of the call, and will immediately receive the dial-in number and a unique PIN to access the call. Registration details are also available by visiting https://www.AFGinc.c

    10/14/25 4:45:00 PM ET
    $AFG
    Property-Casualty Insurers
    Finance

    American Financial Group, Inc. Declares Quarterly Dividend

    American Financial Group, Inc. (NYSE:AFG) announced that it has declared a regular dividend of $0.88 per share of American Financial Group Common Stock. The dividend is payable on October 24, 2025, to holders of record on October 15, 2025. This dividend reflects a previously announced 10% increase over the annual rate in effect since the fourth quarter of 2024. About American Financial Group, Inc. American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses. Great American Insurance Group

    10/1/25 8:56:00 AM ET
    $AFG
    Property-Casualty Insurers
    Finance