How do you interpret life insurance product line — direct earned premiums?

Growth in this metric indicates successful product distribution and expansion of the life insurance customer base.

How does life insurance product line — direct earned premiums compare across companies?

Standard top-line metric for insurance segments across the industry.

Cincinnati Financial CINF Life Insurance Product Line — Direct earned premiums

Discontinued — last reported Q3 '20

Similar metrics at other companies

RGALife Insurance Product Line — Direct Premiums Earned

$4M+14.3%

AIZLife insurance — Direct earned premiums

$48.9M-1.2%

AFLLife insurance — Earned premiums, direct

$475.75M+7.0%

FNFTraditional Life Insurance Premiums — Direct Premiums Earned

$353M+2.9%

PFGLife And Annuity Insurance Product Line — Direct Premiums Earned

$1.14B-2.8%

FNFLife Insurance Premiums — Direct

$28.75M-10.9%

Other financials

Income statement

See full

Revenue$2.9B+11.6%

Net income$274.0M+404%

EPS (diluted)$1.75+407%

Balance sheet

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Cash & equivalents$1.2B+19.8%

Total debt$791.0M+0.1%

Total equity$15.7B+14.6%

Total assets$41.2B+10.6%

Cash flow

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Operating cash flow$656.0M+112%

CapEx$2.0M-33.3%

Free cash flow$654.0M+113%

Valuation

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Market cap$26.33B+5.9%

Enterprise value$25.91B+5.1%

P/E9.6×-7.6×

P/S2×-0.2×

Profitability

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Net margin21.3%+8.1pp

FCF margin26.6%+3.0pp

Returns & leverage

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Return on equity18.7%+7.8pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by Cincinnati Financial in its filing.

Tagged under the XBRL concept us-gaap:DirectPremiumsEarned.

The official record: Cincinnati Financial’s 10-Q, filed October 26, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does life insurance product line — direct earned premiums mean?: Total premiums earned by the life insurance segment before reinsurance adjustments.
How do you interpret life insurance product line — direct earned premiums?: Growth in this metric indicates successful product distribution and expansion of the life insurance customer base.
How does life insurance product line — direct earned premiums compare across companies?: Standard top-line metric for insurance segments across the industry.