CinFin stock drops 13% as cat losses spike Q2 CoR
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

CinFin stock drops 13% as cat losses spike Q2 CoR

Farhin Lilywala
July 28, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Cincinnati financial cinfin logo nasdaq.jpg

Cincinnati Financial's stock price slumped 13% this morning after the carrier's combined ratio shot up 17.7 points to 103.2% in the second quarter, driven by a jump in catastrophe losses.

The shares are trading today at $98.56 per share, down 13.13% from yesterday's close.

CinFin yesterday reported that second quarter catastrophe losses added 13.8

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsStocksCincinnati FinancialCommercial LinesResults
farhin lilywala 2024 ii us 2.png
Farhin Lilywala
Associate Editor
Contact
Gift this article