Discontinued — last reported Q4 '22
Cincinnati Financial Deferred Annuity — Life policy and investment contract reserves decreased by 3.5% to $735.00M in Q4 2022 compared to the prior quarter.
An increase in reserves typically indicates growth in the annuity business and higher future liabilities, while a decrease may signal contract maturities, surrenders, or a shift in product strategy. It reflects the scale of the company's long-term insurance obligations and the potential for future cash outflows.
This metric represents the total actuarial liability held by the company for deferred annuity contracts, which are insur...
Peers in the life and annuity insurance sector report similar liabilities under 'Policyholder Liabilities' or 'Future Policy Benefits,' though specific accounting treatments for deferred annuities can vary based on product features and interest rate sensitivity.
cinf_segment_deferred_annuity_life_policy_and_investment_contract_reserves| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $762.00M | $735.00M |
| QoQ Change | — | -3.5% |
| YoY Change | — | -3.5% |