American Financial Group Inc. (NYSE:AFG) Q2 2020 Earnings Conference Call - Final Transcript

Aug 05, 2020 • 11:30 am ET

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American Financial Group Inc. (NYSE:AFG) Q2 2020 Earnings Conference Call - Final Transcript

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Q & A
Analyst
Ron McIntosh

for lower interest rates, lower net investment income. I think Swiss Re uses two points rate. I think Hartford has talked about two to three points. I realize you don't want to give us NII guide in the property casualty biz, but would you at least want to talk to how much rate you think you're putting in for the for future lower interest rates?

Executive
Carl H. Lindner

I don't have an answer on that right off the top of my head. We could probably calculate that if that's important to you and get back to you on that. Bottom line at in the quarter, with a 9% increase overall in rates and excluding comp, 13%, we love the momentum in that. And our underwriting result already is very strong. So we're loving it.

Analyst
Ron McIntosh

Okay, thank you.

Operator
Operator

Thank you. I'm showing no further questions at this time. I would now like to turn the call back over to Diane Weidner for closing remarks.

Executive
Diane P. Weidner

Thank you, Towanda, and thank you all for joining us this morning. Please feel free to reach out to the Investor Relations team should you have any additional questions. And we hope you all have a great rest of your day.

Operator
Operator

[Operator Closing Remarks]