Liability for Claims and Claims Adjustment Expense
Cincinnati Financial Liability for Claims and Claims Adjustment Expense increased by 3.9% to $11.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $10.78B to $11.96B. Over 5 years (FY 2020 to FY 2025), Liability for Claims and Claims Adjustment Expense shows an upward trend with a 11.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising levels may indicate an increase in claim frequency or severity, potentially impacting short-term liquidity.
Detailed definition
This liability represents the total estimated amount required to settle claims that have been reported to the insurer bu...
Peer comparison
Standard P&C insurance metric; peers with higher ratios relative to premiums may be experiencing adverse loss development.
current_liabilities_liability_for_claims_and_claims_adju_7e9431Historical 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.96B | $7.23B | $7.23B | $7.29B | $7.60B | $8.05B | $8.34B | $8.63B | $8.81B | $9.01B | $9.05B | $9.25B | $9.56B | $9.93B | $10.00B | $10.78B | $11.07B | $11.26B | $11.51B | $11.96B |
| QoQ Change | — | +3.9% | +0.0% | +0.8% | +4.3% | +5.8% | +3.6% | +3.5% | +2.1% | +2.2% | +0.5% | +2.2% | +3.3% | +3.9% | +0.8% | +7.8% | +2.7% | +1.7% | +2.2% | +3.9% |
| YoY Change | — | — | — | — | +9.3% | +11.3% | +15.3% | +18.4% | +15.8% | +11.9% | +8.6% | +7.2% | +8.5% | +10.2% | +10.5% | +16.6% | +15.9% | +13.4% | +15.0% | +10.9% |
Product Breakdown
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Commercial Casualty Line | $2.36B | $2.67B | $2.93B | $3.25B | $3.68B |
| Workers' Compensation Line | $1.01B | $1.02B | $1.04B | $1.02B | $1.04B |
| Commercial Auto Line | $726.00M | $796.00M | $811.00M | $874.00M | $1.01B |
| Homeowner | — | — | $348.00M | $423.00M | $622.00M |
| Personal Auto | $292.00M | $315.00M | $327.00M | $410.00M | $522.00M |
| Commercial Property Segment | $483.00M | $600.00M | $525.00M | $493.00M | $449.00M |
| Life and Health Loss Reserves | $76.00M | $64.00M | — | $66.00M | $57.00M |
| Total | $7.23B | $8.34B | $9.05B | $10.00B | $11.51B |
Life and Health Loss Reserves was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Life Insurance Segment | $61.00M | $62.00M | — | $73.00M | $71.00M | $65.00M | — | $75.00M |
| Excess and Surplus Lines Insurance | — | — | $1.04B | — | — | — | $1.22B | — |
| Total | $9.56B | $9.93B | $10.00B | $10.78B | $11.07B | $11.26B | $11.51B | $11.96B |
Liability for Claims and Claims Adjustment Expense at Other Companies
Frequently Asked Questions
- What is Cincinnati Financial's liability for claims and claims adjustment expense?
- Cincinnati Financial (CINF) reported liability for claims and claims adjustment expense of $11.96B in Q1 2026.
- How has Cincinnati Financial's liability for claims and claims adjustment expense changed year-over-year?
- Cincinnati Financial's liability for claims and claims adjustment expense increased by 10.9% year-over-year, from $10.78B to $11.96B.
- What is the long-term trend for Cincinnati Financial's liability for claims and claims adjustment expense?
- Over 5 years (2020 to 2025), Cincinnati Financial's liability for claims and claims adjustment expense has grown at a 11.5% compound annual growth rate (CAGR), from $6.68B to $11.51B.
- What does liability for claims and claims adjustment expense mean?
- The total amount the company expects to pay for claims that have already been reported.