CinFin expecting cat losses of $235mn for first quarter
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CinFin expecting cat losses of $235mn for first quarter

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Cincinnati Financial (CinFin) has estimated pre-tax catastrophe losses of roughly $235mn for the first quarter of 2023.

The losses have had a 12.8-percentage-point impact on the carrier’s Q1 2023 combined ratio, based on estimated property casualty earned premiums.

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