Cincinnati Financial Workers' Compensation Line — Prior accident years increased by 55.0% to -$9.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.2%, from -$11.00M to -$9.00M. Over 4 years (FY 2021 to FY 2025), Workers' Compensation Line — Prior accident years shows relatively stable performance with a -0.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Favorable development (negative values) indicates that previous loss estimates were conservative, while unfavorable development suggests underestimation.
This metric represents the development of loss reserves for claims originating in previous accident years. It reflects t...
Commonly reported by P&C insurers as 'prior year reserve development' in actuarial disclosures.
cinf_segment_workers_compensation_line_prior_accident_years| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$27.00M | -$7.00M | -$7.00M | -$10.00M | -$18.00M | -$16.00M | -$19.00M | -$15.00M | -$11.00M | -$20.00M | -$20.00M | -$12.00M | -$28.00M | -$16.00M | -$27.00M | -$11.00M | -$17.00M | -$17.00M | -$20.00M | -$9.00M |
| QoQ Change | — | +74.1% | +0.0% | -42.9% | -80.0% | +11.1% | -18.8% | +21.1% | +26.7% | -81.8% | +0.0% | +40.0% | -133.3% | +42.9% | -68.8% | +59.3% | -54.5% | +0.0% | -17.6% | +55.0% |
| YoY Change | — | — | — | — | +33.3% | -128.6% | -171.4% | -50.0% | +38.9% | -25.0% | -5.3% | +20.0% | -154.5% | +20.0% | -35.0% | +8.3% | +39.3% | -6.3% | +25.9% | +18.2% |