XML 42 R30.htm IDEA: XBRL DOCUMENT v3.25.0.1
Supplementary Insurance Information
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]  
Supplementary Insurance Information
Schedule III
Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)Years ended December 31,
 202420232022
Deferred policy acquisition costs:   
Commercial lines insurance$431 $387 $372 
Personal lines insurance276 210 168 
Excess and surplus lines insurance50 43 37 
Other129 109 105 
Total property casualty insurance886 749 682 
Life insurance356 344 331 
Total$1,242 $1,093 $1,013 
Gross future policy benefits, losses, claims and expense losses:   
Commercial lines insurance$6,303 $5,887 $5,568 
Personal lines insurance1,209 990 916 
Excess and surplus lines insurance1,109 932 753 
Other1,316 1,166 1,099 
Total property casualty insurance9,937 8,975 8,336 
Life insurance2,983 3,094 3,038 
Total (1)$12,920 $12,069 $11,374 
Gross unearned premiums:   
Commercial lines insurance$2,311 $2,111 $2,021 
Personal lines insurance1,633 1,253 994 
Excess and surplus lines insurance321 273 236 
Other547 481 437 
Total property casualty insurance4,812 4,118 3,688 
Life insurance1 1 1 
Total (1)$4,813 $4,119 $3,689 
Other policy claims and benefits payable:   
Commercial lines insurance$— $— $— 
Personal lines insurance— — — 
Excess and surplus lines insurance— — — 
Other— — — 
Total property casualty insurance— — — 
Life insurance43 49 41 
Total (1)$43 $49 $41 
Earned premiums:   
Commercial lines insurance$4,486 $4,264 $4,024 
Personal lines insurance2,623 2,044 1,689 
Excess and surplus lines insurance615 542 485 
Other844 795 726 
Total property casualty insurance8,568 7,645 6,924 
Life insurance321 313 301 
Total$8,889 $7,958 $7,225 
 Schedule III (continued)
Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)Years ended December 31,
 202420232022
Investment income, net of expenses:   
Commercial lines insurance$— $— $— 
Personal lines insurance— — — 
Excess and surplus lines insurance— — — 
Other— — — 
Total property casualty insurance (2)715 602 509 
Life insurance190 184 171 
Total$905 $786 $680 
Benefits, claims losses and settlement expenses:   
Commercial lines insurance$2,795 $2,787 $2,761 
Personal lines insurance1,795 1,442 1,166 
Excess and surplus lines insurance411 350 315 
Other435 379 474 
Total property casualty insurance5,436 4,958 4,716 
Life insurance301 316 303 
Total$5,737 $5,274 $5,019 
Amortization of deferred policy acquisition costs:   
Commercial lines insurance$853 $808 $769 
Personal lines insurance457 367 311 
Excess and surplus lines insurance102 89 79 
Other199 157 144 
Total property casualty insurance1,611 1,421 1,303 
Life insurance30 29 27 
Total (3)$1,641 $1,450 $1,330 
Underwriting, acquisition and insurance expenses:   
Commercial lines insurance$531 $505 $460 
Personal lines insurance305 243 198 
Excess and surplus lines insurance65 52 45 
Other52 76 72 
Total property casualty insurance953 876 775 
Life insurance63 58 57 
Total (3)$1,016 $934 $832 
Net written premiums:   
Commercial lines insurance$4,690 $4,336 $4,159 
Personal lines insurance2,999 2,302 1,831 
Excess and surplus lines insurance654 570 502 
Other900 838 815 
Total property casualty insurance9,243 8,046 7,307 
Accident and health insurance2 2 2 
Total$9,245 $8,048 $7,309 
Notes to Schedule III:
(1) The sum of gross future policy benefits, losses, claims and expense losses, gross unearned premiums and other policy claims and benefits payable is equal to the sum of Loss and loss expense reserves, Life policy reserves and investment contract reserves and Unearned premiums reported in the company’s consolidated balance sheets.
(2) This segment information is not regularly allocated to segments and reviewed by company management in making decisions about resources to be allocated to the segments or to assess their performance.
(3) The sum of amortization of deferred policy acquisition costs and other underwriting and insurance expenses is equal to Underwriting, acquisition and insurance expenses in the consolidated statements of income.