03-12-2014 04:25 via insuranceinsider.com

AFG in $90mn special dividend

American Financial Group (AFG) has become the latest US insurer to
demonstrate active capital management with a $90mn special dividend
and an increase in its share repurchase authorization.
The $1 a share special dividend is payable on 24 December 2014
and follows a similar payout around the same time last year by AFG
as it continues to address its excess capital position.
The increased authorization by its board took the insurer's
buyback plan to 5 million shares from 3.2 million...
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