CinFin hurtles over analyst estimates on best P&C UW result in 15 years
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CinFin hurtles over analyst estimates on best P&C UW result in 15 years

Bernard Goyder
July 28, 2021
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Cincinnati Financial Corporation earnings per share jumped more than 300% to $1.79 in the second quarter of 2021, driven by a 17-point improvement in the company’s loss ratio to 54.8%.

The result was significantly higher than earnings per share of $0.99 predicted by analysts.

CinFin posted a net operating profit of $292mn in Q2, up from $71mn in the prior-year period, driven by what chairman, president and CEO Steve Johnston...

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Bernard Goyder
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