CinFin improves CoR by 1.3 points confounding predicted deterioration
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

CinFin improves CoR by 1.3 points confounding predicted deterioration

cincinnati-insurance-companies-logo.jpg

Cincinnati Financial’s combined ratio fell by 1.3 points in the first quarter of the year to 89.9%, despite warnings from CEO Steve Johnston on the firm’s Q4 earnings call that its GAAP combined ratio was likely to tick up.

However, the carrier’s underlying CoR deteriorated 3.1 points to 89.3% in the first quarter, despite most carriers with large commercial lines books showing underlying margin improvement following years of rate rises in excess of loss trends.

During

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article