American Financial ups forecasts after record Q2

American Financial Group (AFG) has increased its core net
operating earnings per share forecast for the year after a record
second quarter performance driven by improved underwriting and
investment income in its specialty P&C operations.
The Cincinnati-based insurer said that core net operating
earnings were $145mn for the period, up from $113mn in Q2 2016.
At $1.61 a share, the performance was well up on the $1.28 per
share generated in the prior-year quarter and comfortably ahead of
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