CinFin anticipates $141mn of Q4 pre-tax cat losses, driven by Elliott
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CinFin anticipates $141mn of Q4 pre-tax cat losses, driven by Elliott

cincinnati financial cinfin logo storm surge.jpg

Cincinnati Financial (CinFin) has estimated its Q4 pre-tax net cat losses at $141mn, which includes $161mn of losses from Winter Storm Elliott.

Losses from Elliott were offset by less severe storms than expected and favorable loss reserve development on previous catastrophe events, primarily ones that occurred in 2022.

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