Cincinnati Financial

The company’s combined ratio improved to 84.2% for Q4 2021 from 87.3% for Q4 2020.

Cincinnati Financial’s book value leaped 22% in 2021 on solid underwriting gains, strong investment results.

The Ohio-based carrier announced the new board appointments as part of a senior management reshuffle, in which five executives were promoted to senior vice presidents.

The Inside P&C research team looks forward to the big issues of the new year.

Renewal pricing in Q3 continued to be ahead of the company’s estimate for prospective loss cost trends for each P&C segment, CinFin CEO Steve Johnston said.

Strong underwriting profit in commercial lines and lower catastrophe losses drive Cincinnati Financial’s Q3 results.

With hundreds of coronavirus-related BI suits working through state and federal courts, insurers still face a multi-billion-dollar challenge to keep judges and juries ruling in their favor.

The Inside P&C Select Index outperformed the S&P 500 (5.7% to 2.9%) in August, despite Hurricane Ida making landfall.

Employment data indicates that easy growth and margin expansion may slow soon.

The judge threw out the insurer’s preliminary objections to the case, pointing out that the lawsuit had claimed the presence of Covid-19 meant the plaintiff was unable to use the premises.

Following strong year-to-date performance, P&C stocks were down in June after a change of tone in a Fed meeting.

CinFin improved its combined ratio by 7.3 points to 91.2% over Q1, sustained by an improvement in the loss ratio.