CinFin CoR soars nearly 18 points to 103.2% as cat losses mount
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CinFin CoR soars nearly 18 points to 103.2% as cat losses mount

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Cincinnati Financial Corporation’s combined ratio shot up 17.7 points to 103.2% in the second quarter, driven by a jump in catastrophe losses.

Catastrophe losses added 13.8 points in the period, sending the carrier to an underwriting loss, despite strong growth in net written premiums.

“While

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