American financial group announces exit from lloyd’s of london market

American financial group, inc. announces exit from lloyd’s of london market; reaffirms 2019 core net operating earnings guidance.reaffirms fy 2019 core operating earnings per share view $8.50 to $8.70.plans to exit lloyd's of london insurance market in 2020.american financial group - initiated actions to place its lloyd's units including its lloyd's managing agency, neon underwriting ltd., into run-off.afg estimates that it will incur a non-core after-tax charge between $50 million and $60 million in q4 of 2019.expected that co will report about $60 million to $75 million in after-tax earnings from other non-core items in q4 2019.american financial group - will work with neon & its regulators to ensure neon continues to meet its obligations to policyholders.american financial group - determined neon will not meet afg's return expectations.
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