American Financial Group, Inc. says that, at June 30, 2011, its property and casualty group’s asbestos and environmental reserves was US$382 million, net of reinsurance recoverables.
The Company recently completed the previously announced comprehensive study of its asbestos and environmental exposures…
American Financial Group, Inc.’s P&C group’s asbestos reserves were increased by US$28 million (net of reinsurance) and its environmental reserves were increased by US$22 million (net of reinsurance), according to a Company press release dated Aug. 1, 2011.
At June 30,…
American Financial Group, Inc.’s Great American Insurance Company subsidiary is party to asbestos-related litigation involving A.P. Green.
Great American Insurance Company entered into an agreement in 2003, which was approved by the Bankruptcy Court, for the settlement of coverage litigation related…
American Financial Group, Inc.’s asbestos-related reserves amounted to US$276 million as of Dec. 31, 2010, compared with US$300 million as of Dec. 31, 2009, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 28,…
American Financial Group, Inc. recorded asbestos and environmental charges of US$6 million during the three months ended March 31, 2010, compared with US$1 million during the three months ended March 31, 2009.
Based in Cincinnati, Ohio, American Financial Group, Inc. offers…
American Financial Group, Inc.’s property and casualty group’s asbestos and environmental insurance reserves, at June 30, 2009, were US$397 million, net of reinsurance recoverables of US$84 million.
Cincinnati, Ohio-based American Financial Group, Inc. is an insurance holding company with assets in…
American Financial Group, Inc.’s three year survival ratio, at June 30, 2009, was 10.7 times paid losses for asbestos reserves and 9.9 times paid losses for total asbestos and environmental reserves, according to a Company report, on Form 8-K, filed…