CinFin executives see surge in large property losses as temporary blip
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CinFin executives see surge in large property losses as temporary blip

Eileen AJ Connelly
April 29, 2022
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An increase in large losses in Cincinnati Financial’s property lines business has helped push the accident year loss and expense ratio higher for the first three months of the year, executives said during the company’s quarterly conference call.

The company reported that current year accident losses between $1mn and $5mn more than doubled, to $82mn in Q1 2022 from $31mn in Q1 2021.

Losses

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Topics

News Cincinnati Financial Earnings
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Eileen AJ Connelly
Contributing Editor
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