CinFin’s Q1 LR rises 12.5 points to 71.6% due to weather catastrophes
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CinFin’s Q1 LR rises 12.5 points to 71.6% due to weather catastrophes

Kyoung-son Song
April 27, 2023
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cincinnati financial cinfin logo storm damage.jpg

Cincinnati Financial's Q1 loss ratio worsened 12.5 points year on year to 71.6%, including 12.8 percentage points related to natural weather catastrophes. 

The 12.8-point contribution was double the company’s five-year historical Q1 average of 6.3 points.

Overall, the carrier reported a combined ratio of 100.7%

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Kyoung-son Song
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