American Financial Group Acquires Crop Risk Services from AIG
July 3, 2023
American Financial Group (AFG) completed the purchase of Crop Risk Services (CRS) from American International Group (AIG). CRS, a primary crop insurance general agent based in Decatur, Illinois and the seventh largest U.S. provider of multi-peril crop insurance by 2022 premiums, will be integrated with Great American Insurance Group's Crop Division to expand AFG's crop insurance capabilities and market position.
- Buyers
- American Financial Group, Inc., Great American Insurance Group
- Targets
- Crop Risk Services
- Sellers
- American International Group, Inc. (AIG)
- Industry
- Insurance
- Location
- Illinois, United States
- Transaction Type
- Buyout
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