UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                    FORM 13F

                              FORM 13F COVER PAGE


                  Report for the Quarter Ended March 31, 2002



                          AMERICAN FINANCIAL GROUP, INC.
                 One East Fourth Street, Cincinnati, Ohio 45202
     -------------------------------------------------------------------------
     (Name and Address of Institutional Investment Manager Filing this Report)


                         Form 13F File Number:  28-4389


The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

                                 Fred J. Runk
                     Senior Vice President and Treasurer
                                (513) 579-2489
                -----------------------------------------------
                (Name, Title and Phone Number of Person Signing
                 this Report on Behalf of Reporting Manager)



Signature:

Fred J. Runk                            Cincinnati, Ohio      May 13, 2002
- ----------------------------------
Fred J. Runk
Senior Vice President and Treasurer


Report Type:
     [X]  13F HOLDINGS REPORT.
     [ ]  13F NOTICE.
     [ ]  13F COMBINATION REPORT.









                                 Page 1 of 3

FORM 13F SUMMARY PAGE --------------------- Number of Other Included Managers: 3 ---------- Form 13F Information Table Entry Total: 42 ---------- Form 13F Information Table Value Total (thousands): $ 885,283 ---------- Name and 13F file numbers of all Institutional Investment Managers with respect to which this schedule is filed (other than American Financial Group, Inc.): Number 13F File Number Name of Subsidiary ------ --------------- ------------------------------------ 1. 28-5042 AFC Holding Company 2. 28-497 American Financial Corporation 3. 28-498 Great American Insurance Company Page 2

FORM 13F INFORMATION TABLE Column 4: Column 5: Column 8: Column 2: Market Shares or Column 6: Column 7: Voting Authority Column 1: Title of Column 3: Value Principal Investment Other -------------------------- Name of Issuer Class CUSIP (000's) Amount Discretion Managers Sole Shared None -------------- ------------ ----------- -------- ---------- ---------- --------- --------- ------ --------- HOLDINGS OF GREAT AMERICAN INSURANCE COMPANY - ------------------------------ AOL TIME WARNER INC COM 00184A 10 5 $ 618 26,149SH Defined 1,2,3 26,149 ADELPHIA BUSINESS SOLUTIONS CL A 006847 10 7 1 12,950SH Defined " 12,950 ADELPHIA COMMUNICATIONS CORP CL A 006848 10 5 387 26,000SH Defined " 26,000 CHIQUITA BRANDS INTL INC *W EXP 3/09 170032 11 4 11,678 2,048,740SH Defined " 2,048,740 CHIQUITA BRANDS INTL INC COM 170032 80 9 2,028 122,923SH Defined " 122,923 COMCAST CORP CL A 200300 10 1 636 19,000SH Defined " 19,000 COMCAST CORP CL A SPL 200300 20 0 1,113 35,000SH Defined " 35,000 DIVINE INC CL A 255402 10 9 280 560,077SH Defined " 560,077 GREAT AMERN FINL RES INC COM 389915 10 9 632,833 35,059,995SH Defined " 35,059,995 MARSH SUPERMARKETS INC CL B 571783 20 8 2,483 189,543SH Defined " 189,543 MARSH SUPERMARKETS INC CL A 571783 30 7 610 39,543SH Defined " 39,543 OAKWOOD HOMES CORP COM NEW 674098 20 7 126 17,500SH Defined " 17,500 PROVIDENT FINL GROUP INC COM 743866 10 5 160,481 5,572,271SH Defined " 5,572,271 QWEST COMMUNICATIONS INTL INC COM 749121 10 9 147 17,902SH Defined " 17,902 RCN CORP COM 749361 10 1 30 21,000SH Defined " 21,000 SEABULK INTL INC COM 81169P 10 1 465 84,553SH Defined " 84,553 SEPRACOR INC COM 817315 10 4 714 36,800SH Defined " 36,800 WASHINGTON MUT INC COM 939322 10 3 667 20,134SH Defined " 20,134 HOLDINGS OF OTHER SUBSIDIARIES OF AFG EACH HAVING LESS THAN $100 MILLION IN 13F SECURITIES - ------------------------------ ADELPHIA BUSINESS SOLUTIONS CL A 006847 10 7 1 26,200SH Defined 1,2 26,200 ADELPHIA COMMUNICATIONS CORP CL A 006848 10 5 784 52,605SH Defined " 52,605 BRISTOL MYERS SQUIBB CO COM 110122 10 8 810 20,000SH Defined 1,2,3 20,000 BROADWING INC COM 111620 10 0 228 32,611SH Defined 1,2 32,611 CHIQUITA BRANDS INTL INC *W EXP 3/09 170032 11 4 4,582 803,643SH Defined " 803,643 CHIQUITA BRANDS INTL INC COM 170032 80 9 795 48,209SH Defined 1,2,3 48,209 COMCAST CORP CL A 200300 10 1 496 14,800SH Defined " 14,800 COMCAST CORP CL A SPL 200300 20 0 438 13,760SH Defined " 13,760 JOHN HANCOCK BK &THRIFT OPP SH BEN INT 409735 10 7 442 52,200SH Defined " 52,200 HOST MARRIOTT CORP NEW COM 44107P 10 4 121 10,110SH Defined " 10,110 LEUCADIA NATL CORP COM 527288 10 4 942 26,352SH Defined " 26,352 MARSH SUPERMARKETS INC CL B 571783 20 8 6,993 533,801SH Defined " 533,801 MARSH SUPERMARKETS INC CL A 571783 30 7 10,644 690,301SH Defined " 690,301 METLIFE INC COM 59156R 10 8 1,547 49,115SH Defined 49,115 OAKWOOD HOMES CORP COM NEW 674098 20 7 336 46,700SH Defined 1,2,3 46,700 POPULAR INC COM 733174 10 6 5,532 189,320SH Defined " 189,320 PROVIDENT FINL GROUP INC COM 743866 10 5 20,072 696,943SH Defined " 696,943 RCN CORP COM 749361 10 1 99 70,250SH Defined " 70,250 SEABULK INTL INC COM 81169P 10 1 2,072 376,645SH Defined " 376,645 SEPRACOR INC COM 817315 10 4 1,443 74,400SH Defined " 74,400 US BANCORP DEL COM NEW 902973 30 4 642 28,462SH Defined 1,2 28,462 WASHINGTON MUT INC COM 939322 10 3 1,497 45,179SH Defined 1,2,3 45,179 WESTPOINT STEVENS INC COM 961238 10 2 65 29,400SH Defined 1,2 29,400 ZENITH NATL INS CORP COM 989390 10 9 9,405 322,100SH Defined " 322,100 -------- REPORT TOTAL $885,283 ========