American Financial Group, Inc. Announces Leadership Changes

American Financial Group, Inc. (NYSE: AFG) announced today that it has accepted the resignation of Joseph E. (Jeff) Consolino, AFG’s Executive Vice President and CFO, effective Friday, June 12. Mr. Consolino will be leaving AFG to pursue another opportunity in the insurance industry. In connection with this transition, Mr. Consolino will step down from AFG’s Board of Directors effective June 12, 2020. Carl H. Lindner III and S. Craig Lindner, AFG’s Co-Chief Executive Officers commented,...

American Financial Group, Inc. Announces Exit from Lloyd’s of London Market

American Financial Group, Inc. (NYSE: AFG) announced that it plans to exit the Lloyd’s of London insurance market in 2020. It has initiated actions to place its Lloyd’s subsidiaries including its Lloyd’s Managing Agency, Neon Underwriting Ltd., into run-off. AFG will work with Neon and Neon’s regulators to ensure that Neon continues to meet its obligations to policyholders and achieves an orderly run-off of operations. The exit from this business will allow AFG to reallocate...


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