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Cincinnati Finl Corp - CINF STOCK NEWS

Welcome to our dedicated page for Cincinnati Finl news (Ticker: CINF), a resource for investors and traders seeking the latest updates and insights on Cincinnati Finl stock.

Cincinnati Financial Corporation (Nasdaq: CINF) is a leading property and casualty insurance provider operating through its flagship subsidiary, The Cincinnati Insurance Company. Since its establishment in 1950, Cincinnati Financial has grown to be one of the top 25 property casualty insurer groups in the United States based on net written premiums.

The company offers a comprehensive range of insurance products, including business, home, and auto insurance, marketed through a select group of independent insurance agencies across 39 states. Additionally, its subsidiary, The Cincinnati Life Insurance Company, provides life and disability income insurance as well as annuities in every state except New York.

Cincinnati Financial operates through multiple segments, including Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The majority of revenue is generated through its commercial lines, followed by personal lines.

One of the company's core strengths is its empowered field representatives who live in the communities they serve. These representatives provide local services such as marketing support, claims service, loss control advice, and boiler inspections. Associates at the Fairfield, Ohio headquarters support field representatives with managerial, administrative, underwriting, and technical expertise.

Financially, Cincinnati Financial has shown resilience and growth. For example, in the third quarter of 2023, the company reported a significant rise in non-GAAP operating income driven by higher underwriting profits and a 17% increase in pretax investment income. The company continues to focus on disciplined growth through all market cycles, combining personal service with data-driven analytics to ensure profitability.

Recent financial highlights include:

  • Underwriting profit of $112 million for the third quarter of 2023
  • Combined ratio of 94.4% for the same period
  • Book value per share increased to $67.72 as of September 30, 2023
  • First-quarter 2024 net written premiums grew by 11%, with record new business of $346 million

Cincinnati Financial remains committed to creating long-term shareholder value through strategic investments, strong agency relationships, and exceptional customer service. The company's latest financial statements and investor communications can be accessed through their website at cinfin.com/investors.

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Cincinnati Financial Corporation (CINF) will host a live conference call on October 28, 2021, at 11 a.m. ET to discuss its third-quarter 2021 results. The financial details will be released after trading hours on October 27. Interested parties can access the live call via the company's investor website. A replay will be available approximately two hours post-call. The company primarily provides business, home, and auto insurance through its subsidiary, The Cincinnati Insurance Company.

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Cincinnati Financial Corporation (CINF) has declared a 63-cent per share cash dividend, payable on October 15, 2021, to shareholders of record by September 16, 2021. This marks the company’s 61st consecutive year of increasing dividends. Chairman Steven J. Johnston highlighted the firm’s capital strength and consistent operating performance as key factors supporting this dividend, which aims to reward shareholders while ensuring long-term value growth.

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Cincinnati Financial Corporation (CINF) reported a net income of $703 million or $4.31 per share for Q2 2021, compared to $909 million or $5.63 per share in Q2 2020. The significant decrease was attributed to an after-tax net effect of a $427 million drop in net investment gains, although there was a 311% rise in non-GAAP operating income to $292 million or $1.79 per share. The total revenues fell 15% to $2.295 billion. As of June 30, 2021, book value per share increased to $73.57, up from $57.56 a year ago, marking a 28% growth.

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Cincinnati Financial Corporation (Nasdaq: CINF) has scheduled a conference call for July 29, 2021, at 11 a.m. ET to discuss its second-quarter 2021 earnings results. The earnings report will be released on July 28, 2021, after market close. Investors can access the live call through the company’s website, and a replay will be available shortly after the call concludes. Cincinnati Financial provides a range of insurance products, including business, home, and auto insurance through its subsidiaries.

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Cincinnati Financial Corporation (CINF) announced the expansion of its RideWell program to Illinois, New Jersey, and West Virginia, aimed at improving driver safety across all ages. In collaboration with Cambridge Mobile Telematics, this smartphone-based app provides insights into driving behaviors and rewards safe driving with discounts of up to 18% upon annual renewal. The app tracks risky behaviors such as speeding and phone use, fostering safer driving practices.

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Cincinnati Financial Corporation (CINF) declared a 63-cent per share quarterly cash dividend at its board meeting on May 8, 2021. This dividend will be paid on July 15, 2021, to shareholders on record by June 17, 2021. CEO Steven J. Johnston emphasized their commitment to profitable growth while consistently returning capital to shareholders. With a track record of 60 years of dividend increases, the company aims to enhance financial flexibility.

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Cincinnati Financial Corporation (CINF) announced preliminary voting results from its annual meeting held on May 8, 2021. Shareholders elected all 14 directors for one-year terms and approved executive compensation. Deloitte & Touche LLP was ratified as the independent public accounting firm for 2021. CEO Steven J. Johnston expressed gratitude to shareholders for their support, highlighting the board's diverse expertise aimed at enhancing shareholder value. The board also confirmed committee assignments for the upcoming year, adhering to Nasdaq independence standards.

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Cincinnati Financial Corporation (Nasdaq: CINF) reported a strong first-quarter 2021, with net income reaching $620 million or $3.82 per share, rebounding from a net loss of $1.226 billion in the same period of 2020. The increase in net income was driven by a $1.761 billion rise in net investment gains and an $86 million boost in property casualty underwriting income. Non-GAAP operating income surged 62% to $222 million, equivalent to $1.37 per share. Book value per share rose to $69.16, reflecting an increase of $2.12 since year-end.

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Cincinnati Financial Corporation (Nasdaq: CINF) has announced a live internet broadcast for its first-quarter 2021 earnings conference call, scheduled for April 29, 2021, at 11 a.m. ET. The earnings report will be released on April 28, after market close. Investors can access the call through the company's investor website and are encouraged to test their systems in advance. A replay will be available approximately two hours after the call ends. More information about the company's operations and financial measures will also be provided on their website.

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Cincinnati Financial Corporation (NASDAQ:CINF) announced the availability of materials for its 2021 Annual Meeting of Shareholders. Relevant documents include the 2020 Annual Report and the 2021 Proxy Statement. The meeting will occur virtually on May 8 at 9:30 a.m. ET, with registration available until May 5. Shareholders are encouraged to vote beforehand.

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FAQ

What is the current stock price of Cincinnati Finl (CINF)?

The current stock price of Cincinnati Finl (CINF) is $136.97 as of February 14, 2025.

What is the market cap of Cincinnati Finl (CINF)?

The market cap of Cincinnati Finl (CINF) is approximately 21.5B.

What services does Cincinnati Financial Corporation offer?

Cincinnati Financial Corporation offers business, home, and auto insurance through The Cincinnati Insurance Company, as well as life insurance, fixed annuities, and surplus lines property and casualty insurance through its subsidiaries.

How does Cincinnati Financial Corporation market its products?

The company markets its products through a select group of independent insurance agencies operating in 39 states.

What are the main segments of Cincinnati Financial Corporation's business?

The main segments include Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments.

Where is Cincinnati Financial Corporation headquartered?

The company is headquartered in Fairfield, Ohio.

When was Cincinnati Financial Corporation founded?

Cincinnati Financial Corporation was founded in 1950.

What is the significance of field representatives for Cincinnati Financial?

Field representatives, who live in the communities they serve, provide local services such as marketing support, claims service, loss control advice, and boiler inspections.

How did Cincinnati Financial perform financially in the third quarter of 2023?

In the third quarter of 2023, the company reported an underwriting profit of $112 million and a combined ratio of 94.4%.

What is Cincinnati Financial's approach to growth?

The company focuses on combining personal service with data-driven analytics to grow profitably through all market cycles.

What was Cincinnati Financial's book value per share as of September 30, 2023?

As of September 30, 2023, the book value per share was $67.72.

Where can I find more information about Cincinnati Financial's investor relations?

Additional information about the company's investor relations can be found on their website at https://www.cinfin.com/investors.
Cincinnati Finl Corp

Nasdaq:CINF

CINF Rankings

CINF Stock Data

21.46B
153.69M
1.61%
68.03%
1.39%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
FAIRFIELD