content: <?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">
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  <submissionType>144</submissionType>
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  <filer>
  <filerCredentials>
  <cik>0001891334</cik>
  <ccc>XXXXXXXX</ccc>
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  <liveTestFlag>LIVE</liveTestFlag>
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  <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>Amy Y. Murray</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
  <relationshipsToIssuer>
  <relationshipToIssuer>Director</relationshipToIssuer>
  </relationshipsToIssuer>
  </issuerInfo>
  <securitiesInformation>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <brokerOrMarketmakerDetails>
  <name>FTB Financial Services UBS Financial Services Inc.</name>
  <address>
  <street1 xmlns="http://www.sec.gov/edgar/common">8044 Montgomery Road</street1>
  <street2 xmlns="http://www.sec.gov/edgar/common">Suite 100W</street2>
  <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">45236</zipCode>
  </address>
  </brokerOrMarketmakerDetails>
  <noOfUnitsSold>850</noOfUnitsSold>
  <aggregateMarketValue>100869.50</aggregateMarketValue>
  <noOfUnitsOutstanding>83777809</noOfUnitsOutstanding>
  <approxSaleDate>12/27/2023</approxSaleDate>
  <securitiesExchangeName>NYSE</securitiesExchangeName>
  </securitiesInformation>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>06/01/2023</acquiredDate>
  <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>1411</amountOfSecuritiesAcquired>
  <paymentDate>06/01/2023</paymentDate>
  <natureOfPayment>N/A</natureOfPayment>
  </securitiesToBeSold>
  <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
  <securitiesSoldInPast3Months>
  <sellerDetails>
  <name>Amy Y. Murray</name>
  <address>
  <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>
  </address>
  </sellerDetails>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <saleDate>12/15/2023</saleDate>
  <amountOfSecuritiesSold>415</amountOfSecuritiesSold>
  <grossProceeds>49368.40</grossProceeds>
  </securitiesSoldInPast3Months>
  <noticeSignature>
  <noticeDate>12/27/2023</noticeDate>
  <signature>Amy Y. Murray By: Karl J. Grafe, Attorney-in-Fact</signature>
  </noticeSignature>
  </formData>
  </edgarSubmission>
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text: 144
  0001891334
  XXXXXXXX
  LIVE
  0001042046
  American Financial Group, Inc.
  001-13653
  301 East Fourth Street
  Cincinnati
  OH
  45202
  513-579-2121
  Amy Y. Murray
  Director
  Common Stock
  FTB Financial Services UBS Financial Services Inc.
  8044 Montgomery Road
  Suite 100W
  Cincinnati
  OH
  45236
  850
  100869.50
  83777809
  12/27/2023
  NYSE
  Common Stock
  06/01/2023
  Director Compensation
  Issuer
  N
  1411
  06/01/2023
  N/A
  N
  Amy Y. Murray
  301 East Fourth Street
  Cincinnati
  OH
  45202
  Common Stock
  12/15/2023
  415
  49368.40
  12/27/2023
  Amy Y. Murray By: Karl J. Grafe, Attorney-in-Fact