Trade Cincinnati Financial Corp - CINF CFD

Cincinnati Financial Company profile

About Cincinnati Financial Corporation

Cincinnati Financial Corporation is focused on operating in property casualty insurance and life insurance. Its segments include Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, Life insurance and Investments. The Commercial lines insurance segment provides commercial business lines, including commercial casualty, commercial property, commercial auto, workers' compensation and other commercial lines. The Personal lines insurance segment writes personal lines coverage in accounts that include auto and homeowner coverages. Excess and surplus lines insurance policies cover business risks with characteristics, such as the nature of the business, that are difficult to profitably insure in the standard commercial lines market. The life insurance segment includes term life insurance, universal life insurance, worksite products and whole life insurance. The Investments segment includes Fixed-maturity investments and Equity investments.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Cincinnati Financial Corporation revenues increased 28% to $9.63B. Net income increased from $1.22B to $2.95B. Revenues reflect Investment operations segment increase from $1.54B to $3.12B. Net income benefited from Underwriting Expense Ratio -%-Excess decrease of 7% to 26.7%, Loss Ratio -%-Excess & Surplus Lines increase of 2% to 62.8%.

Equity composition

Common Stock $2 Par, 03/11, 500M auth., 196,000,000 issd., less 33,000,000 shs. in Treas. @ $1.2B. Insiders own 9.12%. PO 8/78, 225,000 shares @ $34 by First Boston. 4/85, 2-for-1 stock split. 5/04, 4/04, 3/96, 3/95, 9/87, 5% dividends.