Personal Insurance — Prior accident years
Cincinnati Financial Personal Insurance — Prior accident years decreased by 150.0% to -$7.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 63.2%, from -$19.00M to -$7.00M. Over 3 years (FY 2021 to FY 2024), Personal Insurance — Prior accident years shows an upward trend with a -19.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Favorable development (negative values) indicates previous reserves were redundant, while unfavorable development suggests under-reserving.
Detailed definition
This represents the development of loss reserves established in previous reporting periods for the personal insurance se...
Peer comparison
Commonly reported by P&C insurers as 'prior year reserve development' or 'prior accident year development'.
cinf_segment_personal_insurance_prior_accident_yearsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$12.00M | -$3.00M | -$15.00M | -$34.00M | -$14.00M | -$8.00M | -$5.00M | -$31.00M | -$15.00M | -$8.00M | -$10.00M | -$33.00M | $6.00M | $1.00M | $0.00 | -$19.00M | -$19.00M | $14.00M | -$7.00M |
| QoQ Change | — | +75.0% | -400.0% | -126.7% | +58.8% | +42.9% | +37.5% | -520.0% | +51.6% | +46.7% | -25.0% | -230.0% | +118.2% | -83.3% | -100.0% | — | +0.0% | +173.7% | -150.0% |
| YoY Change | — | — | — | — | -16.7% | -166.7% | +66.7% | +8.8% | -7.1% | +0.0% | -100.0% | -6.5% | +140.0% | +112.5% | +100.0% | +42.4% | -416.7% | >999% | +63.2% |
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Frequently Asked Questions
- What is Cincinnati Financial's personal insurance — prior accident years?
- Cincinnati Financial (CINF) reported personal insurance — prior accident years of -$7.00M in Q1 2026.
- How has Cincinnati Financial's personal insurance — prior accident years changed year-over-year?
- Cincinnati Financial's personal insurance — prior accident years increased by 63.2% year-over-year, from -$19.00M to -$7.00M.
- What is the long-term trend for Cincinnati Financial's personal insurance — prior accident years?
- Over 3 years (2021 to 2024), Cincinnati Financial's personal insurance — prior accident years has grown at a -19.6% compound annual growth rate (CAGR), from -$50.00M to -$26.00M.
- What does personal insurance — prior accident years mean?
- The change in estimated costs for insurance claims that occurred in previous years.