Non-Current Liabilities
Future policy benefits
Cincinnati Financial Future policy benefits decreased by 0.9% to $2.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.1%, from $2.97B to $2.97B. Over 2 years (FY 2023 to FY 2025), Future policy benefits shows relatively stable performance with a -1.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase reflects growth in the long-term insurance book of business, but also represents a rising long-term financial obligation.
Detailed definition
The actuarial estimate of the present value of future benefits payable to policyholders, net of future premiums. This is...
Peer comparison
Highly comparable across life and supplemental health insurers; sensitive to interest rate assumptions.
Metric ID:
ins_future_policy_benefitsHistorical Data
10 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.07B | $3.01B | $2.97B | $3.07B | $2.96B | $2.97B | $2.96B | $3.00B | $2.99B | $2.97B |
| QoQ Change | — | -1.8% | -1.6% | +3.5% | -3.6% | +0.3% | -0.3% | +1.5% | -0.4% | -0.9% |
| YoY Change | — | — | — | — | -3.5% | -1.5% | -0.2% | -2.2% | +1.1% | -0.1% |
Range$2.96B – $3.07B
CAGR-1.5%
Avg YoY Growth-1.1%
Median YoY Growth-0.9%
Current Streak2 quarters decline
Product Breakdown
| Segment | Q1 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|
| Term Life Insurance | $1.06B | $1.10B | $1.09B |
| Universal life | $587.00M | $588.00M | $590.00M |
| Deferred Fixed Annuity | $582.00M | $565.00M | $546.00M |
| Whole Life Insurance | $412.00M | $430.00M | $420.00M |
| Structured Settlement Annuity | $116.00M | $112.00M | $110.00M |
| Long-Duration Insurance, Other | $108.00M | $110.00M | $109.00M |
| Total | $2.97B | $3.00B | $2.97B |
Future policy benefits at Other Companies
Frequently Asked Questions
- What is Cincinnati Financial's future policy benefits?
- Cincinnati Financial (CINF) reported future policy benefits of $2.97B in Q1 2026.
- How has Cincinnati Financial's future policy benefits changed year-over-year?
- Cincinnati Financial's future policy benefits decreased by 0.1% year-over-year, from $2.97B to $2.97B.
- What is the long-term trend for Cincinnati Financial's future policy benefits?
- Over 2 years (2023 to 2025), Cincinnati Financial's future policy benefits has grown at a -1.2% compound annual growth rate (CAGR), from $3.07B to $2.99B.
- What does future policy benefits mean?
- The amount of money the insurer expects to pay out for long-term insurance policies in the future.