American Financial Offers Prelim. Estimate of LT Care Charge Driven by Continued Low Interest Rates, Sees $0.88-1.09/Share Charge

American Financial Group, Inc. (NYSE/NASDAQ: AFG) today released preliminary results of its periodic review of its closed block of long-term care insurance, including the impact of the previously announced external actuarial study. Preliminary results indicate the Company will be required to record an after-tax charge of $80 to $100 million ($0.88 to $1.09 per