American Financial Group reported second quarter 2026 net earnings of $248 million, or $2.99 per diluted share, compared to $174 million ($2.07 per share) in the prior year period. Core net operating earnings were $234 million ($2.82 per share), up from $179 million ($2.14 per share). The quarter featured a record pretax P&C operating income of $350 million and an annualized return on equity of 20.3%. Net written premiums grew 6% year-over-year, driven by a 5% average renewal rate increase excluding workers' compensation. The company repurchased $26 million in common stock at an average price of $129.85 per share and paid quarterly cash dividends of $0.88 per share during the quarter. American Financial Group operates as an insurance holding company primarily engaged in specialty property and casualty insurance through its Great American Insurance Group subsidiary.