American Financial Group Inc at Bank of America Merrill Lynch Securities Insurance Conference Transcript
We are very pleased to have the management of American Financial Group with us today. From the company are co-CEOs, Carl and Craig Lindner; along with CFO, Jeff Consolino. Carl and Craig were appointed co-CEOs 15 years ago, 16 years ago. So it's been quite a while. [AFG's] (corrected by company after the call) share price during that time is about fivefold. I did a rough math yesterday. So it's been a fantastic run. In addition, in the last 5 years alone, the company has paid cash dividends of more than $16 a share. So they're giving money back to shareholders as well. The company continues to have excess capital. So it's always a good chance to hear what you might do with it.
With those introductory remarks, it's my pleasure to turn the floor over to the team.
Thank you, Jay, and it's nice to be here with everyone. Always like to get a chance to talk about our favorite topic, American
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