Reinsurance News
Cincinnati
Cincinnati reports Q3‘25 revenue and net income growth with improved CoR
29th October 2025
Cincinnati Financial Corporation has announced its financial results for the third quarter of 2025, reporting $3.72 billion in revenue and a 37% jump in net income to $1.12 billion, a strong performance fuelled by both investment gains and strong underwriting. Net investment gains reached $77 million, with investment income adding another ... Read the full article
Cincinnati reports net written premium growth of 11% in Q2’25
30th July 2025
Cincinnati Financial Corporation has reported growth of 11%, or $274 million in property and casualty (P&C) net written premiums to $2.7 billion for the second quarter of 2025, driven by price increases, premium growth initiatives and a higher level of insured exposures. The results reveal that the contribution to net written ... Read the full article
Cincinnati buys additional $300m of property cat reinsurance at July renewal
29th July 2025
Cincinnati Financial Corporation has announced that it purchased an additional layer on its property catastrophe reinsurance treaty with a limit of $300 million, effective July 1st, increasing the total limit from $1.5 billion to $1.8 billion. According to the company’s quarterly report, Cincinnati retains 57.2% of losses between $1.5 billion and ... Read the full article
Cincinnati posts net loss of $90m in Q1’25
29th April 2025
Cincinnati Financial Corporation has reported a net loss of $90 million for the first quarter of 2025, compared with net income of $755 million for the same period a year earlier. The loss was driven in part by a $56 million after-tax reduction in the fair value of equity securities still ... Read the full article
Cincinnati sees net operating income up in Q4’24 and improved CoR
11th February 2025
Cincinnati Financial Corporation has announced its financial results for the fourth quarter of 2024, reporting a net income of $405 million, down from $1.183 billion seen in the same period the year prior. According to the report, the change is primarily attributed to a $107 million after-tax decrease in the fair ... Read the full article
Cincinnati Financial announces leadership promotions for key insurance operations
17th December 2024
Insurer Cincinnati Financial Corporation is strengthening its leadership team to drive profitable growth in its insurance operations. Effective January 1, 2025, the company will promote experienced leaders to shape the strategies for its commercial/life and personal/specialty divisions. President & CEO Stephen M. Spray commented: "Cincinnati Insurance has achieved significant profitable growth over ... Read the full article
Cincinnati sees combined ratio increase in Q3 ’24 due to cat losses
25th October 2024
Cincinnati Financial Corporation has announced its financial results for the third quarter of 2024, reporting a combined ratio for the Consolidated Property Casualty Insurance segment of 97.4%, an increase from 94.4% in the same period last year driven by a peak in catastrophes. In the third quarter of 2024, the insurer ... Read the full article
Cincinnati Financial reports $312mn net income in Q2 2024
26th July 2024
Cincinnati Financial Corporation has announced its financial results for the second quarter of 2024 reporting a net income of $312mn, 42% lower when compared to the $534mn reported in the same period last year. The $222mn decrease in Q2 2024 net income was primarily due to the after-tax net effect of ... Read the full article
Cincinnati Financial reports $755m net income in Q1’24 results
26th April 2024
Cincinnati Financial Corporation announced a notable surge in its first-quarter 2024 net income, reaching $755 million, a significant improvement compared to $225 million in the first quarter of 2023. This increase was primarily driven by a $484 million after-tax increase in the fair value of equity securities still held. Additionally, the company ... Read the full article
Cincinnati Financial posts net income of $1.84 billion in full-year results
7th February 2024
Insurer Cincinnati Financial Corporation has reported a full-year 2023 net income of $1.84 billion, compared with a net loss of $487 million in 2022. For Q4 alone, the firm posted a net income of $1.18 billion, compared with a net income of $1.01 billion for the same quarter of 2022. This came ... Read the full article
Cincinnati Financial names Spray CEO, Johnston remains as Executive Chair
31st January 2024
Cincinnati Financial Corporation has announced that President Stephen M. Spray will take over as Chief Executive Officer (CEO) of the company in May, with Steven J. Johnston remaining as executive chairman of the company and its US subsidiaries. Johnston will continue to lead the board and support Spray ... Read the full article
Cincinnati Financial reports improved underwriting result with 94.4% combined ratio
27th October 2023
Insurer Cincinnati Financial Corporation has reported a third quarter 2023 property and casualty (P&C) underwriting profit of $112 million and a combined ratio of 94.4%, a significant improvement on the 103.9% posted in Q3 2022. Within its insurance operations, there was 12% growth in Q3 2023 net written premiums, including price ... Read the full article
Cincinnati Financial posts $534m net income in Q2 results
28th July 2023
Cincinnati Financial Corporation has posted a net income of $534 million for the second quarter of 2023, a substantial rise compared with the $818 million net loss the company recorded in the second quarter of 2022. The rise comes in addition to the company recognizing a $363 million second ... Read the full article
Vrchota named Reinsurance Property Underwriting Director at Cincinnati
17th July 2023
Cassandra Vrchota has been appointed Director - Reinsurance Property Underwriting at The Cincinnati Insurance Companies. The property casualty insurer markets business, home and auto insurance products through a select group of independent insurance agencies in 46 US states and the District of Columbia. Vrchota brings to her new role seventeen years of ... Read the full article
Cincinnati Financial’s investment income helps offset underwriting loss in Q1
28th April 2023
Cincinnati Financial Corporation has reported a net income of $225 million in Q1 of 2023, compared with a net loss of $266 million in the same period last year. This marks a $491 million increase, which Cincinnati says reflects the after-tax net effect of a $610 million increase in net investment ... Read the full article
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