CinFin CoR worsens 11.3 points to 103.9%, loss ratio soars 12.6 points
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CinFin CoR worsens 11.3 points to 103.9%, loss ratio soars 12.6 points

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Catastrophe losses and higher inflation took a toll on Cincinnati Financial's Q3 results as the regional carrier’s headline combined ratio deteriorated 11.3 points to 103.9%.

Earlier this month, the company pre-reported an estimated $252mn in pre-tax net catastrophe losses for the third quarter of 2022, of which $220mn is related to Hurricane Ian.

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