American Financial Group Inc at Bank of America Merrill Lynch Insurance Conference Transcript
Good morning. It's always our pleasure to be able to talk about American Financial Group. AFG specialty insurance operations are members of the Great American Insurance Group, whose history backs -- goes back over 145 years, believe it or not, and listed are some of the brands that represent the deep specialty knowledge in our group.
About 55% of our premiums within the Specialty Property and Casualty Group are produced by top 10-ranked businesses. We're also a top 10 provider of fixed annuities and are ranked #1 in the sales of FIAs through financial institutions.
Diversified business model with property and casualty and annuity operations has worked well for us. Both businesses are among the top performers in their respective industries. We like the fact that our Annuity business and our Property and Casualty businesses aren't closely correlated. A lot of our P&C businesses and Annuity business aren't closely correlated to the general property and casualty pricing cycle. We think that means
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