CinFin Q4 LR rises 11.6 points to 65.1%, fueled by $158mn Elliott loss

February 06, 2023

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Cincinnati Financial’s Q4 loss ratio worsened 11.6 points to 65.1%, driven by a $158mn loss from Winter Storm Elliott.

The firm’s underlying combined ratio rose 2.2 points to 87.8%, as the insurer saw margin deterioration in all three of its P&C segments – commercial, personal lines and E&S.

Overall,

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CinFin Q4 LR rises 11.6 points to 65.1%, fueled by $158mn Elliott loss

Cincinnati Financial’s Q4 loss ratio worsened 11.6 points to 65.1%, driven by a $158mn loss from Winter Storm Elliott.

Fuel a smarter strategy with our actionable market intelligence

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CinFin Q4 LR rises 11.6 points to 65.1%, fueled by $158mn Elliott loss

Cincinnati Financial’s Q4 loss ratio worsened 11.6 points to 65.1%, driven by a $158mn loss from Winter Storm Elliott.

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Fuel a smarter strategy with our actionable market intelligence

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Bishop Street ventures into London market with Landmark Underwriting takeover

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