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0 0 0 0 0.00118953211736721 -0.000495638382236292 -0.000594766058683466 -0.00257731958762878
Stock impact report

American Financial Group, Inc. Enters Into Transaction with Atlas Financial Holdings, Inc. for its Paratransit Business

American Financial Group, Inc. (AFG) 
Last american financial group, inc. earnings: 2/3 05:01 pm Check Earnings Report
US:NYSE Investor Relations: afginc.com/investors
Company Research Source: Business Wire
CINCINNATI--(BUSINESS WIRE)-- American Financial Group, Inc. (NYSE: AFG) today announced that its commercial transportation specialist, National Interstate, has entered into an agreement with Atlas Financial Holdings, Inc. (AFH) to become the exclusive underwriter of AFH’s paratransit book of business. The transaction is effective June 10, 2019 and National Interstate expects to begin issuing policies in the third quarter of 2019. National Interstate estimates that the majority of AFH’s $110 million paratransit business will be eligible for quotation under this arrangement over the first 12 months following inception of the agreement. Under the terms of the agreement, an AFH subsidiary will act as an underwriting manager for National Interstate for at least 12 months following the transaction, after which time National Interstate is entitled to acquire the renewal rights for the business held by AFH and Show less Read more
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