Core Points - Cincinnati Financial Corporation has made available materials for its 2025 Annual Meeting of Shareholders, including the 2024 Annual Report on Form 10-K, the 2025 Annual Shareholder Meeting Notice and Proxy Statement, and the 2025 Annual Letter to Shareholders [1] - The Annual Meeting is scheduled for May 3, 2025, at 9:30 a.m. ET, at the Cincinnati Art Museum, with a live webcast available for those unable to attend in person [2] - Shareholders of record as of March 5, 2025, will receive voting instructions via mail or email, with a focus on encouraging online reading of proxy materials to reduce costs and environmental impact [3] Company Information - Cincinnati Financial Corporation primarily offers business, home, and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty companies, along with life insurance, fixed annuities, and surplus lines property and casualty insurance through its subsidiaries [5]

It has been about a month since the last earnings report for Cincinnati Financial (CINF) . Shares have added about 0.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cincinnati Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Movi ...

CINCINNATI, Feb. 26, 2025 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that it will hold an investor day for institutional investors and analysts on Monday, March 10, 2025, from 9 a.m. to 11 a.m. ET. President and Chief Executive Officer Stephen M. Spray and other executives will discuss company strategy and performance. The presentation and live webcast will be available at investors.cinfin.com the morning of the event. A replay of the event will be made available and posted to ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2024. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from _____________________ to _____________________. Commission file number 000-04604 Cincinnati Financial Corporation (Exact name of registrant as specified in ...

Financial Data and Key Metrics Changes - Net income for Q4 2024 was $405 million, reflecting a 24% increase for the year, despite a $931 million unfavorable swing in fair value of equity securities [11][12] - Non-GAAP operating income for Q4 increased by 38% to $497 million, with a 26% rise for the full year 2024 [11][12] - The property casualty combined ratio improved to 84.7% for Q4 2024, a 2.8 percentage point improvement year-over-year, and 93.4% for the full year, a 1.5 percentage point improvement from 2023 [12][12] Business Line Data and Key Metrics Changes - Commercial lines net written premiums grew by 8% with a combined ratio of 93.2%, while personal lines saw a 30% increase in net written premiums with a combined ratio of 97.5% [17][18] - Excess and surplus lines grew net written premiums by 15% with a combined ratio of 94.0% [18] - Cincinnati Re and Cincinnati Global also reported profitability, with Cincinnati Re growing net written premiums by 7% and a combined ratio of 85.0% [18] Market Data and Key Metrics Changes - Consolidated property casualty net written premiums grew by 17% in Q4, with agency renewal premiums increasing by 15% and new business premiums by 23% [16] - Policy retention rates remained stable, with commercial lines slightly up in the upper 80% range and personal lines in the low to mid-90% range [15] Company Strategy and Development Direction - The company emphasizes balancing growth and profitability through geographic and product diversification, pricing sophistication, and enterprise risk management [36] - A strategic focus on appointing additional agencies for expansion opportunities has contributed to growth, with nearly one-third of annual growth from newly appointed agencies since 2023 [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in financial strength and the ability to handle catastrophic losses, citing a focus on delivering empathetic service to policyholders affected by recent wildfires [36][38] - The board declared a 7% dividend increase, reinforcing confidence in the company's strategy and extending the streak of increasing dividends to 65 years [39] Other Important Information - Estimated pretax catastrophe losses from the California wildfires are projected to be between $450 million and $525 million for Q1 2025 [21] - The company plans to maintain its reinsurance strategy, with a primary property catastrophe treaty coverage increase from $1.2 billion to $1.5 billion [24] Q&A Session Summary Question: Outlook for the reinsurance sector post-California wildfires - Management noted that reinsurers have shown underwriting profit and expect to maintain healthy relationships with ceded partners, with Cincinnati Re remaining profitable and on course for 2025 [41][44][46] Question: Concerns regarding umbrella exposure in personal lines - Management indicated that umbrella lines are inherently volatile, but no specific concerns were noted for personal lines umbrella business [47][50] Question: Perspective on fire loss and gross loss numbers - Management provided a net range estimate for ultimate loss from the wildfires, emphasizing the active nature of the situation [54][55] Question: Pricing cycle in commercial and personal lines markets - Management confirmed that while pricing increases are moderating, they continue to see rate increases in commercial lines, with a focus on underwriting and pricing policy by policy [64][68] Question: Reserve strengthening in commercial auto and excess lines - Management acknowledged upward trends in case incurred for liability coverages, particularly for 2022 and 2023 accident years, and noted prudent reserving practices [72][75] Question: Trends in loss cost inflation - Management stated that pricing is matching or exceeding loss costs, with the exception of workers' compensation, where deterioration in pricing has been noted [82][84] Question: Social inflation exposure in construction industry - Management indicated that they have not seen significant exposure to social inflation in their construction book, which is primarily small to mid-market [86] Question: Adjustments to workers' compensation reserves - Management confirmed ongoing discussions with actuaries regarding potential adjustments to reserves, but no immediate changes were reported [88][90]

Cincinnati Financial Corporation (CINF) reported fourth-quarter 2024 operating income of $3.14 per share, which surpassed the Zacks Consensus Estimate by 65.3%. The bottom line increased 38% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.Total operating revenues in the quarter under review were $2.6 billion, which improved 14.7% year over year. Also, the top line beat the consensus mark by 1.1%.The strong quarterly results benefited from higher premiums, net investment in ...

Cincinnati Financial (CINF) reported $2.65 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 14.7%. EPS of $3.14 for the same period compares to $2.28 a year ago.The reported revenue represents a surprise of +1.09% over the Zacks Consensus Estimate of $2.63 billion. With the consensus EPS estimate being $1.90, the EPS surprise was +65.26%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Cincinnati Financial Corporation Supplemental Financial Data for the Period Ending December 31, 2024 | | 6200 South Gilmore Road Fairfield, Ohio 45014-5141 | | | --- | --- | --- | | | cinfin.com | | | Investor Contact: | Media Contact: | Shareholder Contact: | | Dennis E. McDaniel | Betsy E. Ertel | Brandon McIntosh | | 513-870-2768 | 513-603-5323 | 513-870-2696 | | | A.M. Best | | Moody's | S&P Global | | --- | --- | --- | --- | --- | | | Company | Fitch Ratings | Investors Service | Ratings | | Cincinnati ...

CINCINNATI, Feb. 10, 2025 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) today reported: Fourth-quarter 2024 net income of $405 million, or $2.56 per share, compared with $1.183 billion, or $7.50 per share, in the fourth quarter of 2023, after recognizing a $107 million fourth-quarter 2024 after-tax decrease in the fair value of equity securities still held. Full-year 2024 net income of $2.292 billion, or $14.53 per share, compared with $1.843 billion, or $11.66 per share, in 2023. $138 mil ...

Investors in Cincinnati Financial Corporation (CINF) need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 21, 2025 $65.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other ...