American Financial Group, Inc., through its subsidiaries, is primarily engaged in real estate and casualty insurance business, focusing on providing specialized commercial products business, and selling traditional annuity bonds and various supplementary insurance products, such as supplements for medical insurance. American Financial Group's specialty real estate and accident insurance business consists of about 30 sub-insurance businesses, which can provide a wide range of commercial insurance. These businesses report to only one senior executive and operate under a specific business model that allows independent decision-making on underwriting, claims and policy services in each market segment. These businesses are managed and operated independently by experienced professionals. The decentralized approach allows each business unit to autonomously respond to local and professional market environments by leveraging the efficiency and administrative support functions of centralized investment. The company's insurance business dates back to the 181980s, with the founding of Great American Insurance in 1872.
