Cincinnati Financial(CINF) - 2023 Q2 - Quarterly Report

In the first quarter of 2023, we adopted ASU 2018-12 which resulted in changes to the life policy and investment contract reserves and the expansion of required disclosures. The below disclosures represent application of the updated guidance. See Note 1, Accounting Policies, for further discussion. | --- | --- | --- | |----------------------------------------------------------------|-----------------|---------------------| | (Dollars in millions) | June 30, 2023 | December 31, 2022 | | Life policy reserves: ...