<SEC-DOCUMENT>0001193125-25-272006.txt : 20251107
<SEC-HEADER>0001193125-25-272006.hdr.sgml : 20251107
<ACCEPTANCE-DATETIME>20251107143152
ACCESSION NUMBER:		0001193125-25-272006
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251107
DATE AS OF CHANGE:		20251107

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN FINANCIAL GROUP INC
		CENTRAL INDEX KEY:			0001042046
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		ORGANIZATION NAME:           	02 Finance
		EIN:				311544320
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-13653
		FILM NUMBER:		251462031

	BUSINESS ADDRESS:	
		STREET 1:		GREAT AMERICAN INSURANCE GROUP TOWER
		STREET 2:		301 E. 4TH STREET
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202
		BUSINESS PHONE:		5135792121

	MAIL ADDRESS:	
		STREET 1:		GREAT AMERICAN INSURANCE GROUP TOWER
		STREET 2:		301 E. 4TH STREET
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN FINANCIAL GROUP HOLDINGS INC
		DATE OF NAME CHANGE:	19970709

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hertzman Brian S.
		CENTRAL INDEX KEY:			0001816887
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		301 EAST FOURTH STREET
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001816887</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001042046</issuerCik>
<issuerName>American Financial Group, Inc.</issuerName>
<secFileNumber>001-13653</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">301 East Fourth Street</street1>
<city xmlns="http://www.sec.gov/edgar/common">Cincinnati</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">OH</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">45202</zipCode>
</issuerAddress>
<issuerContactPhone>513-579-2121</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Brian S. Hertzman</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Officer</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Charles Schwab &amp; Co., Inc.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">211 Main Street</street1>
<city xmlns="http://www.sec.gov/edgar/common">San Francisco</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">CA</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">94105</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>1777</noOfUnitsSold>
<aggregateMarketValue>251303.34</aggregateMarketValue>
<noOfUnitsOutstanding>83403572</noOfUnitsOutstanding>
<approxSaleDate>11/07/2025</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>02/23/2021</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock Grant</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>1777</amountOfSecuritiesAcquired>
<paymentDate>02/23/2021</paymentDate>
<natureOfPayment>Executive Compensation</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<noticeSignature>
<noticeDate>11/07/2025</noticeDate>
<signature>Brian S. Hertzman By: Joseph C. Alter, as Attorney-in-Fact</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
