Enhanced Investments - Financial Portal

Published: 2022-10-31 00:00:00 ET

HTTP/1.1 200 OK HTTP/1.1 200 OK X-Crawlera-Slave: 152.44.107.87:3128 X-Crawlera-Version: 1.60.1 accept-ranges: bytes content-type: text/html last-modified: Mon, 31 Oct 2022 20:08:07 GMT server: AmazonS3 x-amz-id-2: cCyS0r6Ag0Rana0+1imoKbVUhoL1V8XbH3zSe3SxaNfPAROb7sA/xMh2RqUHNwEK8Al4Dz21lvM= x-amz-meta-mode: 33188 x-amz-meta-s3cmd-attrs: uid:504/gname:fitrprnt/uname:fitrprnt/gid:504/mode:33184/mtime:1667246884/atime:1667246884/md5:32bb9f35ceca2f520b7e57ef2bcc9d69/ctime:1667246884 x-amz-replication-status: COMPLETED x-amz-request-id: HDFK82ZKK7WZE9ZS x-amz-version-id: Zf0RrTXb6YFDEIjY5SvZO7UEdZB7m39j x-content-type-options: nosniff x-frame-options: SAMEORIGIN x-xss-protection: 1; mode=block x-akamai-transformed: 9 - 0 pmb=mTOE,2 expires: Wed, 05 Apr 2023 14:14:58 GMT cache-control: max-age=0, no-cache, no-store pragma: no-cache date: Wed, 05 Apr 2023 14:14:58 GMT vary: Accept-Encoding akamai-x-true-ttl: -1 strict-transport-security: max-age=31536000 ; includeSubDomains ; preload set-cookie: ak_bmsc=54A39BA840606023A4D21A5116846D99~000000000000000000000000000000~YAAQT6g8F6MhHjKHAQAAxVDFURMr/AMAqfjEJHsXHlmBpeoVc8nkREDvUst3JeJ0LShTshQC1lm8qewtCLFzYfg9f1SUh1AerbLTYv/r9n5X1ylnlmmNgTcVq3NsJaohQdxJit32mAUV1cqTZwqeXSGiA/bStvhxSW1Cr+ATOvJka8Bj8LuUInLVDPDvxTpdgGHgXPaYwb9NSmvXBWVZGXmzlnsMJvAqYV7wfSpx+kSpB/dR9vfae7JXlDY1OxWRrW7ARG4reUzNBXy3G6LhAGXP9ummi2JExf0uRYJOagLthhd/37dSGkPB8tNhcQxRJ8ZIUu20ItEwTtcdf2v7I0SkpsXn2BYkTTZAugQbMXuk15OFVRNVePsDOLH4OrU4ZRJUMprV3w==; Domain=.sec.gov; Path=/; Expires=Wed, 05 Apr 2023 16:14:57 GMT; Max-Age=7199; HttpOnly set-cookie: bm_mi=D8AFD93A8CB4A8188CCBF305CC0E273D~YAAQT6g8F6QhHjKHAQAAxVDFURNeqdR/gLHnAyBOVq13MArD7xki1FTLcwQOV3vmJLsLfFnmPDQiEjanghfU/BDgg6cok6gOSZNGBTVxUeb6PU7BCHhj5wFyLk13L32idRrLTceVeDxu5X8ZoYZCaAKydKHd0V4kAPkkkYpoU0nZ9DDM4a0qcH5ePtxGi+ogVEHrVNrf22OcakABFFb03UnKnAMjVULi6bi2Iro1NvzNNa/+JAW7HJ0hH9m9xH9dd+GJOB2Wij/Zh8XBHbcF2O8UmT04y/v2XfOlKlzxjFUFbZMHRFWspq7Jynx9OEy+FefoXrdrib2bM9O2aVAOZk1bzCHtFq+e2ueBI7Lo79Sqmg6wzUYlNygcgUizhGcsPLJGapNZJBxwVg==~1; Domain=.sec.gov; Path=/; Expires=Wed, 05 Apr 2023 14:14:58 GMT; Max-Age=0; Secure Transfer-Encoding: chunked Proxy-Connection: close Connection: close EX-99.2 3 exhibit9923q22.htm EX-99.2 Document

Cincinnati Financial Corporation

Supplemental Financial Data

for the period ending September 30, 2022

6200 South Gilmore Road

Fairfield, Ohio 45014-5141

cinfin.com


Investor Contact:	Media Contact:	Shareholder Contact:
Dennis E. McDaniel	Betsy E. Ertel	Brandon McIntosh
513-870-2768	513-603-5323	513-870-2696

A.M. Best Company

Fitch Ratings

Moody's Investor Service

S&P Global Ratings

Cincinnati Financial Corporation

Corporate Debt

A-

BBB+

The Cincinnati Insurance Companies

Insurer Financial Strength

Property Casualty Group

Standard Market Subsidiaries:

A+

—

A+

The Cincinnati Insurance Company

A+

The Cincinnati Indemnity Company

A+

The Cincinnati Casualty Company

A+

Surplus Lines Subsidiary:

The Cincinnati Specialty Underwriters Insurance Company

A+

—

The Cincinnati Life Insurance Company

A+

—

A+

Ratings are as of October 28, 2022, under continuous review and subject to change and/or affirmation. For the current ratings, select Financial Strength on cinfin.com.

The consolidated financial statements and financial exhibits that follow are unaudited. These consolidated financial statements and exhibits should be read in conjunction with the consolidated financial statements and notes included with our periodic filings with the U.S. Securities and Exchange Commission. The results of operations for interim periods may not be indicative of results to be expected for the full year.

CINF Third-Quarter 2022 Supplemental Financial Data


	Cincinnati Financial Corporation
	Supplemental Financial Data
	for the period ending September 30, 2022

		Page
	Definitions of Non-GAAP Information and Reconciliation to Comparable GAAP Measures	3

Consolidated

	CFC and Subsidiaries Consolidation – Nine Months Ended September 30, 2022	4
	CFC and Subsidiaries Consolidation – Three Months Ended September 30, 2022	5



Consolidated Property Casualty Insurance Operations
	Losses Incurred Detail	6
	Loss Ratio Detail	7
	Loss Claim Count Detail	8

	Quarterly Property Casualty Data – Commercial Lines	9
	Quarterly Property Casualty Data – Personal Lines and Excess & Surplus Lines	10
	Loss and Loss Expense Analysis – Nine Months Ended September 30, 2022	11
	Loss and Loss Expense Analysis – Three Months Ended September 30, 2022	12

Reconciliation Data
	Quarterly Property Casualty Data – Consolidated	13
	Quarterly Property Casualty Data – Commercial Lines	14
	Quarterly Property Casualty Data – Personal Lines	15
	Quarterly Property Casualty Data – Excess & Surplus Lines	16

Statutory Statements of Income
	Consolidated Cincinnati Insurance Companies Statutory Statements of Income	17
	The Cincinnati Life Insurance Company Statutory Statements of Income	18

Other
	Quarterly Data – Other	19

CINF Third-Quarter 2022 Supplemental Financial Data

Definitions of Non-GAAP Information and

Reconciliation to Comparable GAAP Measures

Cincinnati Financial Corporation prepares its public financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP). Statutory data is prepared in accordance with statutory accounting rules for insurance company regulation in the United States of America as defined by the National Association of Insurance Commissioners’ (NAIC) Accounting Practices and Procedures Manual, and therefore is not reconciled to GAAP data.

Management uses certain non-GAAP financial measures to evaluate its primary business areas – property casualty insurance, life insurance and investments. Management uses these measures when analyzing both GAAP and non-GAAP results to improve its understanding of trends in the underlying business and to help avoid incorrect or misleading assumptions and conclusions about the success or failure of company strategies. Management adjustments to GAAP measures generally: apply to non-recurring events that are unrelated to business performance and distort short-term results; involve values that fluctuate based on events outside of management’s control; supplement reporting segment disclosures with disclosures for a subsidiary company or for a combination of subsidiaries or reporting segments; or relate to accounting refinements that affect comparability between periods, creating a need to analyze data on the same basis.

•Non-GAAP operating income: Non-GAAP operating income is calculated by excluding investment gains and losses (defined as investment gains and losses after applicable federal and state income taxes) and other significant non-recurring items from net income. Management evaluates non-GAAP operating income to measure the success of pricing, rate and underwriting strategies. While investment gains (or losses) are integral to the company’s insurance operations over the long term, the determination to realize investment gains or losses on fixed-maturity securities sold in any period may be subject to management’s discretion and is independent of the insurance underwriting process. Also, under applicable GAAP accounting requirements, gains and losses are recognized from certain changes in market values of securities without actual realization. Management believes that the level of investment gains or losses for any particular period, while it may be material, may not fully indicate the performance of ongoing underlying business operations in that period.

For these reasons, many investors and shareholders consider non-GAAP operating income to be one of the more meaningful measures for evaluating insurance company performance. Equity analysts who report on the insurance industry and the company generally focus on this metric in their analyses. The company presents non-GAAP operating income so that all investors have what management believes to be a useful supplement to GAAP information.

• Consolidated property casualty insurance results: To supplement reporting segment disclosures related to our property casualty insurance operations, we also evaluate results for those operations on a basis that includes results for our property casualty insurance and brokerage services subsidiaries. That is the total of our commercial lines, personal lines and our excess and surplus lines segments plus our reinsurance assumed operations known as Cincinnati Re and our London-based global specialty underwriter known as Cincinnati Global.

•Life insurance subsidiary results: To supplement life insurance reporting segment disclosures related to our life insurance operation, we also evaluate results for that operation on a basis that includes life insurance subsidiary investment income, or investment income plus investment gains and losses, that are also included in our investments reporting segment. We recognize that assets under management, capital appreciation and investment income are integral to evaluating the success of the life insurance segment because of the long duration of life products.

Other Measures

• Value creation ratio: This is a measure of shareholder value creation that management believes captures the contribution of the company’s insurance operations, the success of its investment strategy and the importance placed on paying cash dividends to shareholders. The value creation ratio measure is made up of two primary components: (1) rate of growth in book value per share plus (2) the ratio of dividends declared per share to beginning book value per share. Management believes this measure is useful, providing a meaningful measure of long-term progress in creating shareholder value. It is intended to be all-inclusive regarding changes in book value per share, and uses originally reported book value per share in cases where book value per share has been adjusted, such as adoption of Accounting Standards Updates with a cumulative effect of a change in accounting.

• Statutory accounting rules: For public reporting, insurance companies prepare financial statements in accordance with GAAP. However, insurers also must calculate certain data according to statutory accounting rules for insurance company regulation in the United States of America as defined in the NAIC’s Accounting Practices and Procedures Manual, which may be, and has been, modified by various state insurance departments and differ from GAAP. Statutory data is publicly available, and various organizations use it to calculate aggregate industry data, study industry trends and compare insurance companies.

• Written premium: Under statutory accounting rules in the U.S., property casualty written premium is the amount recorded for policies issued and recognized on an annualized basis at the effective date of the policy. Management analyzes trends in written premium to assess business efforts. The difference between written and earned premium is unearned premium.

CINF Third-Quarter 2022 Supplemental Financial Data


Cincinnati Financial Corporation and Subsidiaries
Consolidated Statements of Income for the Nine Months Ended September 30, 2022

(Dollars in millions)	CFC		CONSOL P&C		CLIC		CFC-I		ELIM		Total
Revenues
Premiums earned:
Property casualty	$	—	$	5,351	$	—	$	—	$	—	$	5,351
Life	—		—		278		—		—		278
Premiums ceded	—		(227)		(57)		—		—		(284)
Total earned premium	—		5,124		221		—		—		5,345
Investment income, net of expenses	72		374		127		—		—		573
Investment gains and losses, net	(1,132)		(1,361)		(1)		—		—		(2,494)
Fee revenues	—		8		4		—		—		12
Other revenues	12		3		—		5		(13)		7
Total revenues	$	(1,048)	$	4,148	$	351	$	5	$	(13)	$	3,443

Benefits & expenses
Losses & contract holders' benefits	$	—	$	3,620	$	298	$	—	$	—	$	3,918
Reinsurance recoveries	—		(76)		(76)		—		—		(152)
Underwriting, acquisition and insurance expenses	—		1,541		63		—		—		1,604
Interest expense	40		—		—		—		—		40
Other operating expenses	24		—		—		2		(13)		13
Total expenses	$	64	$	5,085	$	285	$	2	$	(13)	$	5,423

Income (loss) before income taxes	$	(1,112)	$	(937)	$	66	$	3	$	—	$	(1,980)

Provision (benefit) for income taxes
Current operating income	$	258	$	338	$	17	$	—	$	—	$	613
Capital gains/losses	(237)		(286)		—		—		—		(523)
Deferred	(259)		(309)		(3)		—		—		(571)
Total provision (benefit) for income taxes	$	(238)	$	(257)	$	14	$	—	$	—	$	(481)

Net income (loss) - current year	$	(874)	$	(680)	$	52	$	3	$	—	$	(1,499)

Net income - prior year	$	293	$	1,145	$	35	$	3	$	—	$	1,476
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Third-Quarter 2022 Supplemental Financial Data


Cincinnati Financial Corporation and Subsidiaries
Consolidated Statements of Income for the Three Months Ended September 30, 2022

(Dollars in millions)	CFC		CONSOL P&C		CLIC		CFC-I		ELIM		Total
Revenues
Premiums earned:
Property casualty	$	—	$	1,904	$	—	$	—	$	—	$	1,904
Life	—		—		92		—		—		92
Premiums ceded	—		(95)		(19)		—		—		(114)
Total earned premium	—		1,809		73		—		—		1,882
Investment income, net of expenses	23		127		43		—		—		193
Investment gains and losses, net	(273)		(400)		(1)		—		—		(674)
Fee revenues	—		3		2		—		—		5
Other revenues	4		1		—		2		(5)		2
Total revenues	$	(246)	$	1,540	$	117	$	2	$	(5)	$	1,408

Benefits & expenses
Losses & contract holders' benefits	$	—	$	1,411	$	93	$	—	$	—	$	1,504
Reinsurance recoveries	—		(63)		(23)		—		—		(86)
Underwriting, acquisition and insurance expenses	—		530		21		—		—		551
Interest expense	14		—		—		—		—		14
Other operating expenses	8		—		—		1		(5)		4
Total expenses	$	22	$	1,878	$	91	$	1	$	(5)	$	1,987

Income (loss) before income taxes	$	(268)	$	(338)	$	26	$	1	$	—	$	(579)

Provision (benefit) for income taxes
Current operating income (loss)	$	72	$	82	$	6	$	—	$	—	$	160
Capital gains/losses	(57)		(84)		—		—		—		(141)
Deferred	(72)		(107)		(1)		—		—		(180)
Total provision (benefit) for income taxes	$	(57)	$	(109)	$	5	$	—	$	—	$	(161)

Net income (loss) - current year	$	(211)	$	(229)	$	21	$	1	$	—	$	(418)

Net income (loss) - prior year	$	(38)	$	179	$	11	$	1	$	—	$	153
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Third-Quarter 2022 Supplemental Financial Data


Consolidated Property Casualty
Losses Incurred Detail
(Dollars in millions)	Three months ended															Six months ended				Nine months ended				Twelve months ended
	12/31/22	9/30/22		6/30/22		3/31/22		12/31/21		9/30/21		6/30/21		3/31/21		6/30/22		6/30/21		9/30/22		9/30/21		12/31/22	12/31/21
Consolidated
Current accident year losses greater than $5 million		$	38	$	38	$	23	$	55	$	14	$	38	$	5	$	61	$	43	$	99	$	57		$	112
Current accident year losses $1 million - $5 million		95		77		82		103		72		51		31		159		82		254		154			257
Large loss prior accident year reserve development		13		38		25		28		30		13		24		63		37		76		67			95
Total large losses incurred		$	146	$	153	$	130	$	186	$	116	$	102	$	60	$	283	$	162	$	429	$	278		$	464
Losses incurred but not reported		131		74		36		(71)		(13)		(37)		102		110		65		241		52			(19)
Other losses excluding catastrophe losses		649		648		592		520		514		577		451		1,240		1,028		1,889		1,542			2,062
Catastrophe losses		246		208		24		51		215		56		150		232		206		478		421			472
Total losses incurred		$	1,172	$	1,083	$	782	$	686	$	832	$	698	$	763	$	1,865	$	1,461	$	3,037	$	2,293		$	2,979
Commercial Lines
Current accident year losses greater than $5 million		$	30	$	15	$	16	$	50	$	4	$	38	$	5	$	31	$	43	$	61	$	47		$	97
Current accident year losses $1 million - $5 million		72		53		67		70		60		29		26		120		55		192		115			185
Large loss prior accident year reserve development		12		36		21		27		29		14		26		57		40		69		69			96
Total large losses incurred		$	114	$	104	$	104	$	147	$	93	$	81	$	57	$	208	$	138	$	322	$	231		$	378
Losses incurred but not reported		97		61		38		(53)		(35)		(34)		39		99		5		196		(30)			(83)
Other losses excluding catastrophe losses		345		363		318		274		270		326		261		681		587		1,026		857			1,131
Catastrophe losses		44		124		11		24		30		27		35		135		62		179		92			116
Total losses incurred		$	600	$	652	$	471	$	392	$	358	$	400	$	392	$	1,123	$	792	$	1,723	$	1,150		$	1,542
Personal Lines
Current accident year losses greater than $5 million		$	8	$	23	$	7	$	5	$	10	$	—	$	—	$	30	$	—	$	38	$	10		$	15
Current accident year losses $1 million - $5 million		17		15		11		25		12		15		4		26		19		43		31			56
Large loss prior accident year reserve development		(1)		1		4		—		(1)		(2)		(1)		5		(3)		4		(4)			(4)
Total large losses incurred		$	24	$	39	$	22	$	30	$	21	$	13	$	3	$	61	$	16	$	85	$	37		$	67
Losses incurred but not reported		9		12		(14)		(26)		—		(4)		41		(2)		37		7		37			11
Other losses excluding catastrophe losses		183		176		165		146		154		158		130		341		288		524		442			588
Catastrophe losses		66		78		6		16		69		39		74		84		113		150		182			198
Total losses incurred		$	282	$	305	$	179	$	166	$	244	$	206	$	248	$	484	$	454	$	766	$	698		$	864
Excess & Surplus Lines
Current accident year losses greater than $5 million		$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—		$	—
Current accident year losses $1 million - $5 million		6		9		4		8		—		7		1		13		8		19		8			16
Large loss prior accident year reserve development		2		1		—		1		2		1		(1)		1		—		3		2			3
Total large losses incurred		$	8	$	10	$	4	$	9	$	2	$	8	$	—	$	14	$	8	$	22	$	10		$	19
Losses incurred but not reported		25		1		12		8		22		1		22		13		23		38		45			53
Other losses excluding catastrophe losses		32		38		32		25		23		34		15		70		49		102		72			97
Catastrophe losses		(1)		2		1		—		1		—		1		3		1		2		2			2
Total losses incurred		$	64	$	51	$	49	$	42	$	48	$	43	$	38	$	100	$	81	$	164	$	129		$	171
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. The sum of quarterly amounts may not equal the full year as each is computed independently.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Third-Quarter 2022 Supplemental Financial Data


Consolidated Property Casualty
Loss Ratio Detail
	Three months ended															Six months ended				Nine months ended				Twelve months ended
	12/31/22	9/30/22		6/30/22		3/31/22		12/31/21		9/30/21		6/30/21		3/31/21		6/30/22		6/30/21		9/30/22		9/30/21		12/31/22	12/31/21
Consolidated
Current accident year losses greater than $5 million		2.1	%	2.2	%	1.4	%	3.4	%	0.9	%	2.5	%	0.3	%	1.8	%	1.4	%	1.9	%	1.2	%		1.8	%
Current accident year losses $1 million - $5 million		5.3		4.6		5.1		6.4		4.5		3.4		2.2		4.8		2.8		5.0		3.4			4.2
Large loss prior accident year reserve development		0.7		2.2		1.5		1.8		1.9		0.9		1.6		1.9		1.2		1.5		1.5			1.5
Total large loss ratio		8.1	%	9.0	%	8.0	%	11.6	%	7.3	%	6.8	%	4.1	%	8.5	%	5.4	%	8.4	%	6.1	%		7.5	%
Losses incurred but not reported		7.2		4.4		2.2		(4.4)		(0.8)		(2.4)		6.9		3.3		2.2		4.7		1.1			(0.3)
Other losses excluding catastrophe losses		35.9		38.1		36.6		32.5		32.2		38.0		30.5		37.4		34.4		36.9		33.6			33.4
Catastrophe losses		13.6		12.3		1.5		3.2		13.4		3.7		10.2		7.0		6.9		9.3		9.2			7.6
Total loss ratio		64.8	%	63.8	%	48.3	%	42.9	%	52.1	%	46.1	%	51.7	%	56.2	%	48.9	%	59.3	%	50.0	%		48.2	%
Commercial Lines
Current accident year losses greater than $5 million		3.0	%	1.4	%	1.7	%	5.3	%	0.5	%	4.2	%	0.6	%	1.6	%	2.4	%	2.0	%	1.7	%		2.6	%
Current accident year losses $1 million - $5 million		7.1		5.3		6.9		7.3		6.5		3.2		2.9		6.1		3.1		6.5		4.2			5.0
Large loss prior accident year reserve development		1.1		3.7		2.1		2.8		3.1		1.4		3.0		2.9		2.2		2.3		2.6			2.7
Total large loss ratio		11.2	%	10.4	%	10.7	%	15.4	%	10.1	%	8.8	%	6.5	%	10.6	%	7.7	%	10.8	%	8.5	%		10.3	%
Losses incurred but not reported		9.4		6.1		4.0		(5.7)		(3.7)		(3.6)		4.3		5.1		0.3		6.6		(1.1)			(2.3)
Other losses excluding catastrophe losses		33.6		36.6		33.0		29.1		29.0		35.7		29.4		34.8		32.6		34.3		31.4			30.8
Catastrophe losses		4.2		12.5		1.2		2.6		3.1		3.0		4.0		6.9		3.5		6.0		3.4			3.2
Total loss ratio		58.4	%	65.6	%	48.9	%	41.4	%	38.5	%	43.9	%	44.2	%	57.4	%	44.1	%	57.7	%	42.2	%		42.0	%
Personal Lines
Current accident year losses greater than $5 million		1.9	%	5.7	%	1.7	%	1.3	%	2.6	%	—	%	—	%	3.7	%	—	%	3.1	%	0.9	%		1.0	%
Current accident year losses $1 million - $5 million		3.7		3.6		2.7		6.4		2.9		4.0		1.2		3.2		2.5		3.4		2.7			3.6
Large loss prior accident year reserve development		—		0.1		1.1		—		(0.2)		(0.5)		(0.3)		0.6		(0.3)		0.3		(0.4)			(0.2)
Total large loss ratio		5.6	%	9.4	%	5.5	%	7.7	%	5.3	%	3.5	%	0.9	%	7.5	%	2.2	%	6.8	%	3.2	%		4.4	%
Losses incurred but not reported		2.0		3.1		(3.6)		(6.5)		(0.1)		(1.1)		11.0		(0.2)		4.9		0.6		3.2			0.7
Other losses excluding catastrophe losses		42.5		42.4		41.2		36.7		39.7		41.4		34.4		41.8		37.9		42.1		38.6			38.1
Catastrophe losses		15.5		18.8		1.4		4.1		17.7		10.3		19.6		10.2		14.9		12.0		15.9			12.8
Total loss ratio		65.6	%	73.7	%	44.5	%	42.0	%	62.6	%	54.1	%	65.9	%	59.3	%	59.9	%	61.5	%	60.9	%		56.0	%
Excess & Surplus Lines
Current accident year losses greater than $5 million		—	%	—	%	—	%	—	%	—	%	—	%	—	%	—	%	—	%	—	%	—	%		—	%
Current accident year losses $1 million - $5 million		4.0		7.8		3.6		7.5		(0.1)		7.5		1.2		5.8		4.5		5.2		2.8			4.1
Large loss prior accident year reserve development		2.1		0.4		0.3		0.8		1.9		1.3		(1.7)		0.3		(0.2)		0.9		0.6			0.6
Total large loss ratio		6.1	%	8.2	%	3.9	%	8.3	%	1.8	%	8.8	%	(0.5)	%	6.1	%	4.3	%	6.1	%	3.4	%		4.7	%
Losses incurred but not reported		20.0		0.7		10.6		7.9		21.2		0.8		24.8		5.4		12.3		10.5		15.5			13.4
Other losses excluding catastrophe losses		26.3		31.5		27.4		22.3		21.9		35.0		17.8		29.6		26.8		28.4		25.0			24.3
Catastrophe losses		(0.5)		1.1		1.1		0.8		0.2		0.4		1.0		1.1		0.7		0.6		0.5			0.6
Total loss ratio		51.9	%	41.5	%	43.0	%	39.3	%	45.1	%	45.0	%	43.1	%	42.2	%	44.1	%	45.6	%	44.4	%		43.0	%
*Certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Third-Quarter 2022 Supplemental Financial Data


Consolidated Property Casualty
Loss Claim Count Detail
	Three months ended								Six months ended		Nine months ended		Twelve months ended
	12/31/22	9/30/22	6/30/22	3/31/22	12/31/21	9/30/21	6/30/21	3/31/21	6/30/22	6/30/21	9/30/22	9/30/21	12/31/22	12/31/21
Consolidated
Current accident year reported losses greater than $5 million		6	6	3	7	3	6	1	9	7	15	9		17
Current accident year reported losses $1 million - $5 million		59	47	51	76	44	35	24	97	59	155	106		170
Prior accident year reported losses on large losses		18	28	28	16	22	12	20	56	32	73	55		71
Non-Catastrophe reported losses on large losses total		83	81	82	99	69	53	45	162	98	243	170		258
Commercial Lines
Current accident year reported losses greater than $5 million		5	2	2	7	2	6	1	4	7	9	8		15
Current accident year reported losses $1 million - $5 million		48	31	39	50	37	19	20	69	39	116	78		120
Prior accident year reported losses on large losses		15	25	24	14	19	8	18	49	26	64	46		60
Non-Catastrophe reported losses on large losses total		68	58	65	71	58	33	39	122	72	189	132		195
Personal Lines
Current accident year reported losses greater than $5 million		1	4	1	—	1	—	—	5	—	6	1		2
Current accident year reported losses $1 million - $5 million		6	9	8	17	6	11	3	17	14	23	20		34
Prior accident year reported losses on large losses		—	2	3	1	1	1	2	5	3	4	4		5
Non-Catastrophe reported losses on large losses total		7	15	12	18	8	12	5	27	17	33	25		41
Excess & Surplus Lines
Current accident year reported losses greater than $5 million		—	—	—	—	—	—	—	—	—	—	—		—
Current accident year reported losses $1 million - $5 million		5	7	4	9	1	5	1	11	6	16	8		16
Prior accident year reported losses on large losses		3	1	1	1	2	3	—	2	3	5	5		6
Non-Catastrophe reported losses on large losses total		8	8	5	10	3	8	1	13	9	21	13		22
*The sum of quarterly amounts may not equal the full year as each is computed independently.

CINF Third-Quarter 2022 Supplemental Financial Data


Quarterly Property Casualty Data - Commercial Lines

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21
Commercial casualty:
Written premiums		$	326		$	376		$	389		$	317		$	297		$	338		$	363		$	765		$	701		$	1,091		$	998			$	1,315
Year over year change %- written premium		10		%	11		%	7		%	10		%	10		%	10		%	6		%	9		%	8		%	9		%	9		%		9		%
Earned premiums		$	360		$	350		$	336		$	332		$	323		$	312		$	303		$	686		$	615		$	1,046		$	938			$	1,270
Current accident year before catastrophe losses		73.7		%	75.0		%	65.6		%	63.3		%	61.9		%	61.5		%	64.5		%	70.4		%	63.0		%	71.6		%	62.6		%		62.8		%
Current accident year catastrophe losses		—			—			—			—			—			—			—			—			—			—			—				—
Prior accident years before catastrophe losses		6.4			(0.7)			1.4			(10.5)			(16.1)			(8.3)			(2.2)			0.3			(5.3)			2.4			(9.0)				(9.4)
Prior accident years catastrophe losses		—			—			—			—			—			—			—			—			—			—			—				—
Total loss and loss expense ratio		80.1		%	74.3		%	67.0		%	52.8		%	45.8		%	53.2		%	62.3		%	70.7		%	57.7		%	74.0		%	53.6		%		53.4		%
Commercial property:
Written premiums		$	309		$	308		$	297		$	270		$	278		$	275		$	267		$	606		$	542		$	915		$	820			$	1,090
Year over year change %- written premium		11		%	12		%	11		%	10		%	10		%	6		%	2		%	12		%	4		%	12		%	6		%		7		%
Earned premiums		$	292		$	280		$	274		$	267		$	264		$	259		$	253		$	554		$	512		$	846		$	776			$	1,043
Current accident year before catastrophe losses		47.4		%	54.5		%	52.4		%	41.8		%	41.6		%	47.3		%	53.8		%	53.4		%	50.5		%	51.3		%	47.5		%		46.0		%
Current accident year catastrophe losses		14.7			44.4			5.1			13.9			12.4			14.0			20.0			24.9			16.9			21.4			15.4				15.0
Prior accident years before catastrophe losses		(6.7)			0.6			(2.4)			(6.0)			(11.1)			(1.1)			(2.0)			(0.8)			(1.5)			(2.9)			(4.8)				(5.1)
Prior accident years catastrophe losses		(1.4)			(3.0)			0.5			(4.8)			(2.0)			(3.8)			(6.3)			(1.3)			(5.0)			(1.3)			(4.0)				(4.2)
Total loss and loss expense ratio		54.0		%	96.5		%	55.6		%	44.9		%	40.9		%	56.4		%	65.5		%	76.2		%	60.9		%	68.5		%	54.1		%		51.7		%
Commercial auto:
Written premiums		$	194		$	226		$	237		$	194		$	183		$	216		$	223		$	463		$	439		$	657		$	622			$	816
Year over year change %- written premium		6		%	5		%	6		%	8		%	7		%	5		%	7		%	5		%	6		%	6		%	7		%		7		%
Earned premiums		$	213		$	210		$	205		$	203		$	200		$	198		$	193		$	415		$	391		$	627		$	591			$	794
Current accident year before catastrophe losses		78.8		%	66.5		%	67.0		%	67.5		%	63.7		%	63.0		%	63.1		%	66.7		%	63.0		%	70.8		%	63.3		%		64.4		%
Current accident year catastrophe losses		3.3			5.1			0.9			0.6			1.8			1.5			1.6			3.1			1.6			3.1			1.7				1.4
Prior accident years before catastrophe losses		7.5			2.8			(0.7)			0.2			(3.6)			(6.0)			(12.4)			1.1			(9.2)			3.3			(7.3)				(5.4)
Prior accident years catastrophe losses		—			(0.5)			(2.1)			0.3			(0.1)			(0.2)			(0.3)			(1.3)			(0.2)			(0.9)			(0.2)				(0.1)
Total loss and loss expense ratio		89.6		%	73.9		%	65.1		%	68.6		%	61.8		%	58.3		%	52.0		%	69.6		%	55.2		%	76.3		%	57.5		%		60.3		%
Workers' compensation:
Written premiums		$	60		$	69		$	86		$	59		$	53		$	69		$	88		$	154		$	157		$	214		$	210			$	269
Year over year change %- written premium		13		%	—		%	(2)		%	2		%	4		%	6		%	(4)		%	(2)		%	—		%	2		%	1		%		1		%
Earned premiums		$	73		$	68		$	67		$	67		$	66		$	68		$	67		$	136		$	135		$	209		$	201			$	268
Current accident year before catastrophe losses		80.3		%	83.5		%	84.5		%	79.8		%	82.3		%	87.6		%	76.6		%	84.0		%	82.2		%	82.7		%	82.2		%		81.6		%
Current accident year catastrophe losses		—			—			—			—			—			—			—			—			—			—			—				—
Prior accident years before catastrophe losses		(21.5)			(25.9)			(14.3)			(10.5)			(10.5)			(39.2)			(37.9)			(20.2)			(38.6)			(20.6)			(29.3)				(24.7)
Prior accident years catastrophe losses		—			—			—			—			—			—			—			—			—			—			—				—
Total loss and loss expense ratio		58.8		%	57.6		%	70.2		%	69.3		%	71.8		%	48.4		%	38.7		%	63.8		%	43.6		%	62.1		%	52.9		%		56.9		%
Other commercial:
Written premiums		$	95		$	93		$	87		$	80		$	84		$	79		$	78		$	180		$	157		$	275		$	241			$	321
Year over year change %- written premium		13		%	18		%	12		%	14		%	18		%	13		%	11		%	15		%	12		%	14		%	14		%		14		%
Earned premiums		$	90		$	86		$	80		$	78		$	77		$	74		$	70		$	165		$	144		$	256		$	221			$	299
Current accident year before catastrophe losses		37.7		%	37.3		%	38.2		%	41.6		%	39.4		%	38.0		%	38.2		%	37.7		%	38.1		%	37.7		%	38.6		%		39.4		%
Current accident year catastrophe losses		0.1			0.1			—			(0.2)			0.4			0.1			—			0.1			—			0.1			0.1				—
Prior accident years before catastrophe losses		(4.3)			(7.4)			(2.9)			(8.9)			(8.4)			(11.2)			(7.7)			(5.3)			(9.5)			(4.9)			(9.1)				(9.1)
Prior accident years catastrophe losses		—			—			—			—			—			—			—			—			—			—			—				—
Total loss and loss expense ratio		33.5		%	30.0		%	35.3		%	32.5		%	31.4		%	26.9		%	30.5		%	32.5		%	28.6		%	32.9		%	29.6		%		30.3		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.

CINF Third-Quarter 2022 Supplemental Financial Data


Quarterly Property Casualty Data - Personal Lines

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21
Personal auto:
Written premiums		$	179		$	177		$	140		$	141		$	165		$	166		$	136		$	316		$	302		$	496		$	467			$	608
Year over year change %- written premium		8		%	7		%	3		%	1		%	—		%	(2)		%	(1)		%	5		%	(1)		%	6		%	(1)		%		(1)		%
Earned premiums		$	158		$	155		$	152		$	152		$	153		$	152		$	152		$	307		$	305		$	465		$	457			$	609
Current accident year before catastrophe losses		74.3		%	74.5		%	69.4		%	62.3		%	65.8		%	64.5		%	66.1		%	72.0		%	65.3		%	72.8		%	65.5		%		64.7		%
Current accident year catastrophe losses		15.9			6.1			1.4			0.2			5.3			1.7			2.6			3.7			2.2			7.9			3.2				2.4
Prior accident years before catastrophe losses		3.4			1.4			0.9			(4.4)			(0.4)			(5.5)			(9.3)			1.2			(7.5)			1.9			(5.1)				(4.9)
Prior accident years catastrophe losses		(0.1)			(0.6)			(4.7)			0.3			(0.1)			(0.2)			(0.5)			(2.7)			(0.3)			(1.8)			(0.3)				(0.1)
Total loss and loss expense ratio		93.5		%	81.4		%	67.0		%	58.4		%	70.6		%	60.5		%	58.9		%	74.2		%	59.7		%	80.8		%	63.3		%		62.1		%
Homeowner:
Written premiums		$	255		$	260		$	181		$	188		$	214		$	211		$	156		$	441		$	367		$	695		$	581			$	769
Year over year change %- written premium		19		%	23		%	16		%	13		%	13		%	7		%	11		%	20		%	9		%	20		%	10		%		11		%
Earned premiums		$	213		$	202		$	195		$	190		$	184		$	178		$	174		$	397		$	352		$	609		$	536			$	726
Current accident year before catastrophe losses		47.3		%	54.8		%	45.9		%	38.0		%	42.3		%	50.2		%	51.6		%	50.4		%	50.9		%	49.3		%	47.9		%		45.4		%
Current accident year catastrophe losses		20.9			38.6			13.0			10.9			36.8			20.7			41.1			26.1			30.8			24.3			32.9				27.1
Prior accident years before catastrophe losses		1.6			(2.5)			(8.7)			(4.4)			(1.0)			0.9			(0.5)			(5.5)			0.2			(3.0)			(0.2)				(1.3)
Prior accident years catastrophe losses		(3.8)			(5.2)			(7.2)			(1.4)			—			(0.5)			(0.7)			(6.2)			(0.6)			(5.4)			(0.4)				(0.7)
Total loss and loss expense ratio		66.0		%	85.7		%	43.0		%	43.1		%	78.1		%	71.3		%	91.5		%	64.8		%	81.3		%	65.2		%	80.2		%		70.5		%
Other personal:
Written premiums		$	68		$	73		$	53		$	53		$	56		$	62		$	46		$	127		$	108		$	195		$	164			$	217
Year over year change %- written premium		21		%	18		%	15		%	10		%	8		%	9		%	10		%	18		%	9		%	19		%	9		%		9		%
Earned premiums		$	60		$	56		$	55		$	54		$	51		$	52		$	50		$	111		$	101		$	172		$	153			$	207
Current accident year before catastrophe losses		63.8		%	64.6		%	47.2		%	45.8		%	53.8		%	45.9		%	50.0		%	56.0		%	48.0		%	58.7		%	49.9		%		48.9		%
Current accident year catastrophe losses		10.8			5.2			0.9			0.2			4.5			3.9			3.6			3.1			3.7			5.8			4.0				3.0
Prior accident years before catastrophe losses		(15.7)			1.4			4.6			5.0			(0.9)			(8.6)			(3.8)			3.0			(6.2)			(3.5)			(4.4)				(1.9)
Prior accident years catastrophe losses		0.4			0.4			0.4			(1.4)			(0.4)			0.4			(1.5)			0.3			(0.6)			0.4			(0.5)				(0.8)
Total loss and loss expense ratio		59.3		%	71.6		%	53.1		%	49.6		%	57.0		%	41.6		%	48.3		%	62.4		%	44.9		%	61.4		%	49.0		%		49.2		%

Quarterly Property Casualty Data - Excess & Surplus Lines

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21
Excess & Surplus:
Written premiums		$	121		$	135		$	124		$	108		$	104		$	115		$	99		$	259		$	214		$	380		$	318			$	426
Year over year change %- written premium		16		%	17		%	25		%	17		%	30		%	26		%	16		%	21		%	22		%	19		%	24		%		22		%
Earned premiums		$	125		$	124		$	112		$	109		$	105		$	95		$	89		$	236		$	184		$	361		$	289			$	398
Current accident year before catastrophe losses		74.8		%	59.5		%	61.8		%	56.0		%	62.6		%	62.0		%	61.0		%	60.6		%	61.5		%	65.4		%	61.9		%		60.3		%
Current accident year catastrophe losses		(0.4)			1.2			1.5			0.6			0.4			0.4			1.3			1.3			0.8			0.8			0.7				0.6
Prior accident years before catastrophe losses		(5.9)			(0.4)			(4.6)			1.2			3.3			(1.5)			4.7			(2.4)			1.5			(3.6)			2.1				1.9
Prior accident years catastrophe losses		(0.1)			(0.1)			(0.4)			0.3			(0.1)			0.1			(0.3)			(0.2)			(0.1)			(0.2)			(0.1)				—
Total loss and loss expense ratio		68.4		%	60.2		%	58.3		%	58.1		%	66.2		%	61.0		%	66.7		%	59.3		%	63.7		%	62.4		%	64.6		%		62.8		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.

CINF Third-Quarter 2022 Supplemental Financial Data



Consolidated Property Casualty Loss and Loss Expense Analysis

(Dollars in millions)							Change in		Change in		Change in		Total						Loss
	Paid		Paid loss		Total		case		IBNR		loss expense		change in		Case		IBNR		expense		Total
	losses		expense		paid		reserves		reserves		reserves		reserves		incurred		incurred		incurred		incurred
Gross loss and loss expense incurred for the nine months ended September 30, 2022
Commercial casualty	$	409	$	138	$	547	$	76	$	129	$	11	$	216	$	485	$	129	$	149	$	763
Commercial property	499		49		548		(31)		35		16		20		468		35		65		568
Commercial auto	358		64		422		14		42		2		58		372		42		66		480
Workers' compensation	97		24		121		(3)		17		(2)		12		94		17		22		133
Other commercial	69		11		80		5		5		12		22		74		5		23		102
Total commercial lines	1,432		286		1,718		61		228		39		328		1,493		228		325		2,046

Personal auto	264		62		326		7		41		2		50		271		41		64		376
Homeowners	325		39		364		18		(6)		2		14		343		(6)		41		378
Other personal	90		5		95		5		5		—		10		95		5		5		105
Total personal lines	679		106		785		30		40		4		74		709		40		110		859

Excess & surplus lines	88		37		125		66		46		27		139		154		46		64		264
Other	165		11		176		14		262		(1)		275		179		262		10		451
Total property casualty	$	2,364	$	440	$	2,804	$	171	$	576	$	69	$	816	$	2,535	$	576	$	509	$	3,620

Ceded loss and loss expense incurred for the nine months ended September 30, 2022
Commercial casualty	$	3	$	—	$	3	$	(13)	$	—	$	—	$	(13)	$	(10)	$	—	$	—	$	(10)
Commercial property	12		1		13		(22)		(3)		—		(25)		(10)		(3)		1		(12)
Commercial auto	—		—		—		1		—		—		1		1		—		—		1
Workers' compensation	8		—		8		(5)		—		—		(5)		3		—		—		3
Other commercial	13		—		13		4		1		—		5		17		1		—		18
Total commercial lines	36		1		37		(35)		(2)		—		(37)		1		(2)		1		—

Personal auto	2		—		2		—		(1)		—		(1)		2		(1)		—		1
Homeowners	(2)		—		(2)		(6)		(9)		(2)		(17)		(8)		(9)		(2)		(19)
Other personal	—		—		—		—		(1)		—		(1)		—		(1)		—		(1)
Total personal lines	—		—		—		(6)		(11)		(2)		(19)		(6)		(11)		(2)		(19)

Excess & surplus lines	14		1		15		12		10		1		23		26		10		2		38
Other	21		1		22		6		29		—		35		27		29		1		57
Total property casualty	$	71	$	3	$	74	$	(23)	$	26	$	(1)	$	2	$	48	$	26	$	2	$	76

Net loss and loss expense incurred for the nine months ended September 30, 2022
Commercial casualty	$	406	$	138	$	544	$	89	$	129	$	11	$	229	$	495	$	129	$	149	$	773
Commercial property	487		48		535		(9)		38		16		45		478		38		64		580
Commercial auto	358		64		422		13		42		2		57		371		42		66		479
Workers' compensation	89		24		113		2		17		(2)		17		91		17		22		130
Other commercial	56		11		67		1		4		12		17		57		4		23		84
Total commercial lines	1,396		285		1,681		96		230		39		365		1,492		230		324		2,046

Personal auto	262		62		324		7		42		2		51		269		42		64		375
Homeowners	327		39		366		24		3		4		31		351		3		43		397
Other personal	90		5		95		5		6		—		11		95		6		5		106
Total personal lines	679		106		785		36		51		6		93		715		51		112		878

Excess & surplus lines	74		36		110		54		36		26		116		128		36		62		226
Other	144		10		154		8		233		(1)		240		152		233		9		394
Total property casualty	$	2,293	$	437	$	2,730	$	194	$	550	$	70	$	814	$	2,487	$	550	$	507	$	3,544

*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Other data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Third-Quarter 2022 Supplemental Financial Data


Consolidated Property Casualty Loss and Loss Expense Analysis


(Dollars in millions)							Change in		Change in		Change in		Total						Loss
	Paid		Paid loss		Total		case		IBNR		loss expense		change in		Case		IBNR		expense		Total
	losses		expense		paid		reserves		reserves		reserves		reserves		incurred		incurred		incurred		incurred
Gross loss and loss expense incurred for the three months ended September 30, 2022
Commercial casualty	$	144	$	45	$	189	$	24	$	72	$	1	$	97	$	168	$	72	$	46	$	286
Commercial property	172		15		187		(33)		(6)		5		(34)		139		(6)		20		153
Commercial auto	127		21		148		3		37		4		44		130		37		25		192
Workers' compensation	30		8		38		9		(3)		1		7		39		(3)		9		45
Other commercial	22		4		26		4		(1)		6		9		26		(1)		10		35
Total commercial lines	495		93		588		7		99		17		123		502		99		110		711

Personal auto	94		20		114		2		29		4		35		96		29		24		149
Homeowners	118		13		131		(1)		(2)		2		(1)		117		(2)		15		130
Other personal	36		2		38		(10)		8		—		(2)		26		8		2		36
Total personal lines	248		35		283		(9)		35		6		32		239		35		41		315

Excess & surplus lines	32		13		45		15		33		8		56		47		33		21		101
Other	50		3		53		9		222		—		231		59		222		3		284
Total property casualty	$	825	$	144	$	969	$	22	$	389	$	31	$	442	$	847	$	389	$	175	$	1,411

Ceded loss and loss expense incurred for the three months ended September 30, 2022
Commercial casualty	$	(2)	$	—	$	(2)	$	1	$	(2)	$	—	$	(1)	$	(1)	$	(2)	$	—	$	(3)
Commercial property	1		—		1		(4)		(1)		—		(5)		(3)		(1)		—		(4)
Commercial auto	—		—		—		1		—		—		1		1		—		—		1
Workers' compensation	2		—		2		—		—		—		—		2		—		—		2
Other commercial	3		—		3		2		—		—		2		5		—		—		5
Total commercial lines	4		—		4		—		(3)		—		(3)		4		(3)		—		1

Personal auto	1		—		1		—		—		—		—		1		—		—		1
Homeowners	1		—		1		(1)		(9)		(1)		(11)		—		(9)		(1)		(10)
Other personal	—		—		—		—		—		—		—		—		—		—		—
Total personal lines	2		—		2		(1)		(9)		(1)		(11)		1		(9)		(1)		(9)

Excess & surplus lines	3		—		3		1		10		1		12		4		10		1		15
Other	12		—		12		1		43		—		44		13		43		—		56
Total property casualty	$	21	$	—	$	21	$	1	$	41	$	—	$	42	$	22	$	41	$	—	$	63

Net loss and loss expense incurred for the three months ended September 30, 2022
Commercial casualty	$	146	$	45	$	191	$	23	$	74	$	1	$	98	$	169	$	74	$	46	$	289
Commercial property	171		15		186		(29)		(5)		5		(29)		142		(5)		20		157
Commercial auto	127		21		148		2		37		4		43		129		37		25		191
Workers' compensation	28		8		36		9		(3)		1		7		37		(3)		9		43
Other commercial	19		4		23		2		(1)		6		7		21		(1)		10		30
Total commercial lines	491		93		584		7		102		17		126		498		102		110		710

Personal auto	93		20		113		2		29		4		35		95		29		24		148
Homeowners	117		13		130		—		7		3		10		117		7		16		140
Other personal	36		2		38		(10)		8		—		(2)		26		8		2		36
Total personal lines	246		35		281		(8)		44		7		43		238		44		42		324

Excess & surplus lines	29		13		42		14		23		7		44		43		23		20		86
Other	38		3		41		8		179		—		187		46		179		3		228
Total property casualty	$	804	$	144	$	948	$	21	$	348	$	31	$	400	$	825	$	348	$	175	$	1,348

*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Other data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Third-Quarter 2022 Supplemental Financial Data



Quarterly Property Casualty Data - Consolidated

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21
Premiums
Agency renewal written premiums		$	1,390		$	1,482		$	1,397		$	1,238		$	1,244		$	1,333		$	1,276		$	2,879		$	2,609		$	4,269		$	3,853			$	5,091
Agency new business written premiums		264			286			244			212			230			235			220			530			455			794			685				897

Other written premiums		96			196			258			84			64			146			197			454			343			550			407				491
Net written premiums		$	1,750		$	1,964		$	1,899		$	1,534		$	1,538		$	1,714		$	1,693		$	3,863		$	3,407		$	5,613		$	4,945			$	6,479
Unearned premium change		59			(267)			(281)			65			58			(200)			(218)			(548)			(418)			(489)			(360)				(295)
Earned premiums		$	1,809		$	1,697		$	1,618		$	1,599		$	1,596		$	1,514		$	1,475		$	3,315		$	2,989		$	5,124		$	4,585			$	6,184
Year over year change %
Agency renewal written premiums		12		%	11		%	9		%	8		%	8		%	7		%	7		%	10		%	7		%	11		%	7		%		7		%
Agency new business written premiums		15			22			11			15			22			12			2			16			7			16			12				12

Other written premiums		50			34			31			31			25			39			88			32			63			35			56				51
Net written premiums		14			15			12			10			10			10			12			13			11			14			11				10
Paid losses and loss expenses
Losses paid		$	804		$	755		$	733		$	718		$	612		$	649		$	564		$	1,489		$	1,214		$	2,293		$	1,826			$	2,543
Loss expenses paid		144			137			157			139			153			118			141			293			258			437			411				551
Loss and loss expenses paid		$	948		$	892		$	890		$	857		$	765		$	767		$	705		$	1,782		$	1,472		$	2,730		$	2,237			$	3,094
Incurred losses and loss expenses
Loss and loss expense incurred		$	1,348		$	1,240		$	956		$	855		$	988		$	830		$	923		$	2,196		$	1,753		$	3,544		$	2,741			$	3,596
Loss and loss expenses paid as a % of incurred		70.3		%	71.9		%	93.1		%	100.2		%	77.4		%	92.4		%	76.4		%	81.1		%	84.0		%	77.0		%	81.6		%		86.0		%
Statutory combined ratio
Loss ratio		64.1		%	64.8		%	48.4		%	42.6		%	51.3		%	47.0		%	52.0		%	56.7		%	49.4		%	59.3		%	50.1		%		48.2		%
Loss adjustment expense ratio		10.0			9.5			10.9			10.9			10.1			8.9			11.0			10.2			10.0			10.1			10.0				10.2
Net underwriting expense ratio		29.3			28.1			28.7			31.5			31.1			29.2			26.7			28.4			28.0			28.7			28.9				29.5
US Statutory combined ratio		103.4		%	102.4		%	88.0		%	85.0		%	92.5		%	85.1		%	89.7		%	95.3		%	87.4		%	98.1		%	89.0		%		87.9		%
Contribution from catastrophe losses		13.0			13.0			1.7			2.8			12.9			4.6			10.1			7.5			7.3			9.4			9.2				7.6
Statutory combined ratio excl. catastrophe losses		90.4		%	89.4		%	86.3		%	82.2		%	79.6		%	80.5		%	79.6		%	87.8		%	80.1		%	88.7		%	79.8		%		80.3		%
GAAP combined ratio
GAAP combined ratio		103.9		%	103.2		%	89.9		%	84.2		%	92.6		%	85.5		%	91.2		%	96.7		%	88.3		%	99.2		%	89.8		%		88.3		%
Contribution from catastrophe losses		13.9			12.4			1.8			3.6			14.2			3.9			10.4			7.2			7.1			9.5			9.6				8.0
GAAP combined ratio excl. catastrophe losses		90.0		%	90.8		%	88.1		%	80.6		%	78.4		%	81.6		%	80.8		%	89.5		%	81.2		%	89.7		%	80.2		%		80.3		%
Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently. nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. Statutory ratios exclude the results of Cincinnati Global. Consolidated property casualty data includes the results of Cincinnati Re and Cincinnati Global.

CINF Third-Quarter 2022 Supplemental Financial Data



Quarterly Property Casualty Data - Commercial Lines

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21
Premiums
Agency renewal written premiums		$	860		$	934		$	970		$	809		$	775		$	852		$	898		$	1,904		$	1,750		$	2,764		$	2,525			$	3,334
Agency new business written premiums		149			165			156			135			145			146			145			321			291			470			436				571
Other written premiums		(25)			(27)			(30)			(24)			(25)			(21)			(24)			(57)			(45)			(82)			(70)				(94)
Net written premiums		$	984		$	1,072		$	1,096		$	920		$	895		$	977		$	1,019		$	2,168		$	1,996		$	3,152		$	2,891			$	3,811
Unearned premium change		44			(78)			(134)			27			35			(66)			(133)			(212)			(199)			(168)			(164)				(137)
Earned premiums		$	1,028		$	994		$	962		$	947		$	930		$	911		$	886		$	1,956		$	1,797		$	2,984		$	2,727			$	3,674
Year over year change %
Agency renewal written premiums		11		%	10		%	8		%	7		%	7		%	7		%	7		%	9		%	7		%	9		%	7		%		7		%
Agency new business written premiums		3			13			8			19			27			9			(6)			10			1			8			8				11
Other written premiums		—			(29)			(25)			25			7			(5)			—			(27)			(2)			(17)			1				9
Net written premiums		10			10			8			10			10			8			5			9			6			9			7				8
Paid losses and loss expenses
Losses paid		$	491		$	446		$	458		$	396		$	328		$	391		$	330		$	905		$	720		$	1,396		$	1,049			$	1,445
Loss expenses paid		93			91			100			89			98			78			96			191			174			285			272				361
Loss and loss expenses paid		$	584		$	537		$	558		$	485		$	426		$	469		$	426		$	1,096		$	894		$	1,681		$	1,321			$	1,806
Incurred losses and loss expenses
Loss and loss expense incurred		$	710		$	750		$	586		$	506		$	451		$	480		$	503		$	1,336		$	983		$	2,046		$	1,434			$	1,940
Loss and loss expenses paid as a % of incurred		82.3		%	71.6		%	95.2		%	95.8		%	94.5		%	97.7		%	84.7		%	82.0		%	90.9		%	82.2		%	92.1		%		93.1		%
Statutory combined ratio
Loss ratio		58.4		%	65.5		%	48.9		%	41.4		%	38.5		%	43.9		%	44.3		%	57.4		%	44.1		%	57.8		%	42.2		%		42.0		%
Loss adjustment expense ratio		10.7			9.9			12.0			12.0			10.0			8.8			12.4			10.9			10.6			10.8			10.4				10.8
Net underwriting expense ratio		31.2			29.1			28.3			32.7			33.2			29.9			26.2			28.7			28.0			29.5			29.6				30.4
Statutory combined ratio		100.3		%	104.5		%	89.2		%	86.1		%	81.7		%	82.6		%	82.9		%	97.0		%	82.7		%	98.1		%	82.2		%		83.2		%
Contribution from catastrophe losses		4.5			12.6			1.4			2.7			3.3			3.2			4.2			7.1			3.7			6.2			3.6				3.4
Statutory combined ratio excl. catastrophe losses		95.8		%	91.9		%	87.8		%	83.4		%	78.4		%	79.4		%	78.7		%	89.9		%	79.0		%	91.9		%	78.6		%		79.8		%
GAAP combined ratio
GAAP combined ratio		99.0		%	106.3		%	92.3		%	85.2		%	80.6		%	84.2		%	85.4		%	99.4		%	84.8		%	99.3		%	83.4		%		83.8		%
Contribution from catastrophe losses		4.5			12.6			1.4			2.7			3.3			3.2			4.2			7.1			3.7			6.2			3.6				3.4
GAAP combined ratio excl. catastrophe losses		94.5		%	93.7		%	90.9		%	82.5		%	77.3		%	81.0		%	81.2		%	92.3		%	81.1		%	93.1		%	79.8		%		80.4		%
Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently. nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Third-Quarter 2022 Supplemental Financial Data



Quarterly Property Casualty Data - Personal Lines

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21
Premiums
Agency renewal written premiums		$	437		$	438		$	333		$	342		$	393		$	397		$	302		$	771		$	699		$	1,208		$	1,092			$	1,434
Agency new business written premiums		81			88			52			50			53			53			46			140			99			221			152				202
Other written premiums		(16)			(16)			(11)			(10)			(11)			(11)			(10)			(27)			(21)			(43)			(32)				(42)
Net written premiums		$	502		$	510		$	374		$	382		$	435		$	439		$	338		$	884		$	777		$	1,386		$	1,212			$	1,594
Unearned premium change		(71)			(97)			28			14			(47)			(57)			38			(69)			(19)			(140)			(66)				(52)
Earned premiums		$	431		$	413		$	402		$	396		$	388		$	382		$	376		$	815		$	758		$	1,246		$	1,146			$	1,542
Year over year change %
Agency renewal written premiums		11		%	10		%	10		%	8		%	7		%	3		%	3		%	10		%	3		%	11		%	4		%		5		%
Agency new business written premiums		53			66			13			11			4			20			35			41			27			45			18				16
Other written premiums		(45)			(45)			(10)			(25)			(10)			(38)			(11)			(29)			(24)			(34)			(19)				(20)
Net written premiums		15			16			11			8			7			4			6			14			5			14			5				6
Paid losses and loss expenses
Losses paid		$	246		$	224		$	208		$	212		$	208		$	198		$	162		$	432		$	360		$	679		$	568			$	780
Loss expenses paid		35			32			40			34			40			29			32			71			60			106			100				134
Loss and loss expenses paid		$	281		$	256		$	248		$	246		$	248		$	227		$	194		$	503		$	420		$	785		$	668			$	914
Incurred losses and loss expenses
Loss and loss expense incurred		$	324		$	339		$	215		$	197		$	281		$	241		$	273		$	554		$	514		$	878		$	795			$	992
Loss and loss expenses paid as a % of incurred		86.7		%	75.5		%	115.3		%	124.9		%	88.3		%	94.2		%	71.1		%	90.8		%	81.7		%	89.4		%	84.0		%		92.1		%
Statutory combined ratio
Loss ratio		65.6		%	73.7		%	44.5		%	42.0		%	62.6		%	54.1		%	65.9		%	59.3		%	60.0		%	61.5		%	60.9		%		56.0		%
Loss adjustment expense ratio		9.6			8.4			9.0			7.9			9.7			8.9			6.7			8.7			7.8			9.0			8.5				8.4
Net underwriting expense ratio		26.7			26.4			32.2			30.9			28.2			27.2			30.7			28.8			28.7			28.0			28.5				29.1
Statutory combined ratio		101.9		%	108.5		%	85.7		%	80.8		%	100.5		%	90.2		%	103.3		%	96.8		%	96.5		%	98.5		%	97.9		%		93.5		%
Contribution from catastrophe losses		15.9			19.1			1.7			4.6			20.0			10.6			19.8			10.5			15.2			12.4			16.8				13.7
Statutory combined ratio excl. catastrophe losses		86.0		%	89.4		%	84.0		%	76.2		%	80.5		%	79.6		%	83.5		%	86.3		%	81.3		%	86.1		%	81.1		%		79.8		%
GAAP combined ratio
GAAP combined ratio		104.5		%	112.1		%	83.9		%	80.0		%	102.7		%	92.7		%	101.1		%	98.2		%	96.8		%	100.4		%	98.8		%		94.0		%
Contribution from catastrophe losses		15.9			19.1			1.7			4.6			20.0			10.6			19.8			10.5			15.2			12.4			16.8				13.7
GAAP combined ratio excl. catastrophe losses		88.6		%	93.0		%	82.2		%	75.4		%	82.7		%	82.1		%	81.3		%	87.7		%	81.6		%	88.0		%	82.0		%		80.3		%
Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently. nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Third-Quarter 2022 Supplemental Financial Data



Quarterly Property Casualty Data - Excess & Surplus Lines

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21
Premiums
Agency renewal written premiums		$	93		$	110		$	94		$	87		$	76		$	84		$	76		$	204		$	160		$	297		$	236			$	323
Agency new business written premiums		34			33			36			27			32			36			29			69			65			103			97				124
Other written premiums		(6)			(8)			(6)			(6)			(4)			(5)			(6)			(14)			(11)			(20)			(15)				(21)
Net written premiums		$	121		$	135		$	124		$	108		$	104		$	115		$	99		$	259		$	214		$	380		$	318			$	426
Unearned premium change		4			(11)			(12)			1			1			(20)			(10)			(23)			(30)			(19)			(29)				(28)
Earned premiums		$	125		$	124		$	112		$	109		$	105		$	95		$	89		$	236		$	184		$	361		$	289			$	398
Year over year change %
Agency renewal written premiums		22		%	31		%	24		%	26		%	27		%	33		%	23		%	28		%	28		%	26		%	28		%		27		%
Agency new business written premiums		6			(8)			24			—			33			13			7			6			10			6			17				13
Other written premiums		(50)			(60)			—			(50)			—			(25)			(50)			(27)			(38)			(33)			(25)				(31)
Net written premiums		16			17			25			17			30			26			16			21			22			19			24				22
Paid losses and loss expenses
Losses paid		$	29		$	27		$	19		$	17		$	18		$	19		$	21		$	46		$	40		$	74		$	59			$	75
Loss expenses paid		13			11			12			12			12			8			11			24			19			36			31				43
Loss and loss expenses paid		$	42		$	38		$	31		$	29		$	30		$	27		$	32		$	70		$	59		$	110		$	90			$	118
Incurred losses and loss expenses
Loss and loss expense incurred		$	86		$	74		$	66		$	63		$	70		$	58		$	59		$	140		$	117		$	226		$	187			$	250
Loss and loss expenses paid as a % of incurred		48.8		%	51.4		%	47.0		%	46.0		%	42.9		%	46.6		%	54.2		%	50.0		%	50.4		%	48.7		%	48.1		%		47.2		%
Statutory combined ratio
Loss ratio		51.9		%	41.5		%	43.0		%	39.3		%	45.1		%	45.0		%	43.1		%	42.2		%	44.1		%	45.6		%	44.5		%		43.0		%
Loss adjustment expense ratio		16.5			18.7			15.2			18.8			21.0			16.0			23.6			17.1			19.6			16.9			20.1				19.8
Net underwriting expense ratio		27.5			26.1			27.1			27.7			29.7			31.1			26.4			26.5			29.0			26.8			29.2				28.8
Statutory combined ratio		95.9		%	86.3		%	85.3		%	85.8		%	95.8		%	92.1		%	93.1		%	85.8		%	92.7		%	89.3		%	93.8		%		91.6		%
Contribution from catastrophe losses		(0.5)			1.1			1.1			0.9			0.3			0.5			1.0			1.1			0.7			0.6			0.6				0.6
Statutory combined ratio excl. catastrophe losses		96.4		%	85.2		%	84.2		%	84.9		%	95.5		%	91.6		%	92.1		%	84.7		%	92.0		%	88.7		%	93.2		%		91.0		%
GAAP combined ratio
GAAP combined ratio		93.9		%	85.1		%	85.9		%	83.2		%	94.1		%	89.5		%	92.0		%	85.5		%	90.7		%	88.4		%	91.9		%		89.5		%
Contribution from catastrophe losses		(0.5)			1.1			1.1			0.9			0.3			0.5			1.0			1.1			0.7			0.6			0.6				0.6
GAAP combined ratio excl. catastrophe losses		94.4		%	84.0		%	84.8		%	82.3		%	93.8		%	89.0		%	91.0		%	84.4		%	90.0		%	87.8		%	91.3		%		88.9		%
Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently. nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Third-Quarter 2022 Supplemental Financial Data


Consolidated Cincinnati Insurance Companies
Statutory Statements of Income

	For the Three Months Ended September 30,							For the Nine Months Ended September 30,
(Dollars in millions)	2022		2021		Change		% Change	2022		2021		Change		% Change
Underwriting income
Net premiums written	$	1,693	$	1,491	$	202	14	$	5,436	$	4,810	$	626	13
Unearned premium change	(42)		(36)		(6)		17	462		358		104		29
Earned premiums	$	1,735	$	1,527	$	208	14	$	4,974	$	4,452	$	522	12

Losses incurred	$	1,110	$	783	$	327	42	$	2,948	$	2,230	$	718	32
Defense and cost containment expenses incurred	78		76		2		3	225		210		15		7
Adjusting and other expenses incurred	96		80		16		20	279		236		43		18
Other underwriting expenses incurred	495		464		31		7	1,554		1,387		167		12
Workers compensation dividend incurred	2		(1)		3		nm	5		3		2		67
Total underwriting deductions	$	1,781	$	1,402	$	379	27	$	5,011	$	4,066	$	945	23

Net underwriting profit (loss)	$	(46)	$	125	$	(171)	nm	$	(37)	$	386	$	(423)	nm

Investment income
Gross investment income earned	$	129	$	118	$	11	9	$	378	$	343	$	35	10
Net investment income earned	126		117		9		8	370		337		33		10
Net realized capital gains and losses, net	29		1		28		nm	41		8		33		413
Net investment gains (net of tax)	$	155	$	118	$	37	31	$	411	$	345	$	66	19

Other income	$	2	$	1	$	1	100	$	5	$	4	$	1	25

Net income before federal income taxes	$	111	$	244	$	(133)	(55)	$	378	$	735	$	(357)	(49)
Federal and foreign income taxes incurred	(15)		44		(59)		nm	21		135		(114)		(84)
Net income (statutory)	$	126	$	200	$	(74)	(37)	$	357	$	600	$	(243)	(41)

Policyholders' surplus - statutory	$	5,985	$	6,559	$	(574)	(9)	$	5,985	$	6,559	$	(574)	(9)

Fixed maturities at amortized cost - statutory	$	8,581	$	8,075	$	506	6	$	8,581	$	8,075	$	506	6
Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Third-Quarter 2022 Supplemental Financial Data


The Cincinnati Life Insurance Company
Statutory Statements of Income

	For the Three Months Ended September 30,							For the Nine Months Ended September 30,
(Dollars in millions)	2022		2021		Change		% Change	2022		2021		Change		% Change
Net premiums written	$	86	$	83	$	3	4	$	250	$	255	$	(5)	(2)
Net investment income	44		47		(3)		(6)	130		135		(5)		(4)
Amortization of interest maintenance reserve	—		1		(1)		(100)	—		2		(2)		(100)
Commissions and expense allowances on reinsurance ceded	1		1		—		—	3		3		—		—
Income from fees associated with separate accounts	2		1		1		100	4		2		2		100
Total revenues	$	133	$	133	$	—	—	$	387	$	397	$	(10)	(3)

Death benefits and matured endowments	$	39	$	44	$	(5)	(11)	$	131	$	129	$	2	2
Annuity benefits	18		15		3		20	49		46		3		7
Disability benefits and benefits under accident and health contracts	1		—		1		—	1		1		—		—
Surrender benefits and group conversions	8		7		1		14	19		20		(1)		(5)
Interest and adjustments on deposit-type contract funds	1		2		(1)		(50)	5		5		—		—
Increase in aggregate reserves for life and accident and health contracts	16		21		(5)		(24)	45		76		(31)		(41)
Total benefit expenses	$	83	$	89	$	(6)	(7)	$	250	$	277	$	(27)	(10)

Commissions	$	13	$	13	$	—	—	$	38	$	37	$	1	3
General insurance expenses and taxes	12		14		(2)		(14)	41		40		1		3
Increase in loading on deferred and uncollected premiums	—		1		(1)		(100)	1		5		(4)		(80)
Net transfers from separate accounts	—		—		—		—	(10)		(3)		(7)		(233)

Total underwriting expenses	$	25	$	28	$	(3)	(11)	$	70	$	79	$	(9)	(11)

Federal and foreign income taxes incurred	7		5		2		40	17		12		5		42

Net gain from operations before capital gains and losses	$	18	$	11	$	7	64	$	50	$	29	$	21	72

Gains and losses net of capital gains tax, net	—		—		—		—	(1)		1		(2)		nm

Net income (statutory)	$	18	$	11	$	7	64	$	49	$	30	$	19	63

Policyholders' surplus - statutory	$	313	$	261	52		20	$	313	$	261	$	52	20

Fixed maturities at amortized cost - statutory	$	3,822	$	3,668	$	154	4	$	3,822	$	3,668	$	154	4
Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Third-Quarter 2022 Supplemental Financial Data



Quarterly Data - Other

(Dollars in millions)	Three months ended																						Six months ended						Nine months ended						Twelve months ended
	12/31/22	9/30/22			6/30/22			3/31/22			12/31/21			9/30/21			6/30/21			3/31/21			6/30/22			6/30/21			9/30/22			9/30/21			12/31/22	12/31/21








Cincinnati Re:
Written premiums		$	86		$	178		$	254		$	72		$	57		$	136		$	196		$	432		$	332		$	518		$	389			$	461
Year over year change %- written premium		51		%	31		%	30		%	22		%	6		%	62		%	87		%	30		%	76		%	33		%	61		%		53		%
Earned premiums		$	151		$	122		$	110		$	102		$	104		$	94		$	92		$	232		$	186		$	383		$	290			$	392









Current accident year before catastrophe losses		45.4		%	49.6		%	50.6		%	61.7		%	52.8		%	48.5		%	42.1		%	50.0		%	45.4		%	48.3		%	48.0		%		51.6		%
Current accident year catastrophe losses		75.0			6.5			—			(1.7)			78.6			(1.7)			35.4			3.4			16.7			31.7			39.0				28.3
Prior accident years before catastrophe losses		(9.9)			(4.8)			10.9			2.4			(6.8)			6.4			3.0			2.6			4.7			(2.4)			0.6				1.1
Prior accident years catastrophe losses		(0.6)			1.1			5.2			0.3			6.4			(0.1)			—			3.1			(0.1)			1.6			2.2				1.7
Total loss and loss expense ratio		109.9		%	52.4		%	66.7		%	62.7		%	131.0		%	53.1		%	80.5		%	59.1		%	66.7		%	79.2		%	89.8		%		82.7		%







Cincinnati Global:
Written premiums		$	57		$	69		$	51		$	52		$	47		$	47		$	41		$	120		$	88		$	177		$	135			$	187
Year over year change %- written premium		21		%	47		%	24		%	6		%	24		%	(11)		%	11		%	36		%	(2)		%	31		%	5		%		6		%
Earned premiums		$	74		$	44		$	32		$	45		$	69		$	32		$	32		$	76		$	64		$	150		$	133			$	178
Current accident year before catastrophe losses		45.6		%	53.2		%	38.3		%	39.4		%	35.3		%	54.4		%	30.9		%	47.0		%	42.9		%	46.3		%	39.0		%		39.1		%
Current accident year catastrophe losses		48.6			0.1			16.3			33.6			30.3			27.5			55.8			6.9			41.3			27.6			35.7				35.1
Prior accident years before catastrophe losses		4.6			(15.4)			4.1			(16.9)			(4.7)			(23.4)			(12.0)			(7.2)			(17.8)			(1.4)			(11.1)				(12.5)
Prior accident years catastrophe losses		(14.5)			(9.7)			(9.0)			(2.0)			12.2			(54.0)			(31.0)			(9.4)			(42.7)			(11.9)			(14.4)				(11.2)
Total loss and loss expense ratio		84.3		%	28.2		%	49.7		%	54.1		%	73.1		%	4.5		%	43.7		%	37.3		%	23.7		%	60.6		%	49.2		%		50.5		%

Noninsurance operations:
Interest and fees on loans and leases		$	2		$	2		$	1		$	2		$	2		$	2		$	1		$	3		$	3		$	5		$	5			$	7
Other revenue		—			1			1			—			1			1			1			2			2			2			3				3
Interest expense		14			13			13			14			13			13			13			26			26			40			39				53
Operating expenses		4			5			4			6			5			5			4			9			9			13			14				20
Total noninsurance operations loss		$	(16)		$	(15)		$	(15)		$	(18)		$	(15)		$	(15)		$	(15)		$	(30)		$	(30)		$	(46)		$	(45)			$	(63)

*Dollar amounts shown are in conformity with GAAP and rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.
*Noninsurance operations include the noninvestment operations of the parent company and a noninsurance subsidiary, CFC Investment Company.

CINF Third-Quarter 2022 Supplemental Financial Data