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Cincinnati Financial CINF Life Insurance Segment — Capitalized deferred policy acquisition costs

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Other financials

Income statement

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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$28.64B+30.4%
Enterprise value$28.22B+29.7%
P/E10.4×-1.7×
P/S2.2×+0.3×

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:DeferredPolicyAcquisitionCostsAdditions.

The official record: Cincinnati Financial’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cincinnati Financial's life insurance segment — capitalized deferred policy acquisition costs?
Cincinnati Financial (CINF) reported life insurance segment — capitalized deferred policy acquisition costs of $11M in Q1 2026.
How has Cincinnati Financial's life insurance segment — capitalized deferred policy acquisition costs changed year-over-year?
Cincinnati Financial's life insurance segment — capitalized deferred policy acquisition costs decreased by 8.3% year-over-year, from $12M to $11M.
What is the long-term trend for Cincinnati Financial's life insurance segment — capitalized deferred policy acquisition costs?
Over 4 years (2021 to 2025), Cincinnati Financial's life insurance segment — capitalized deferred policy acquisition costs has grown at a 0.6% compound annual growth rate (CAGR), from $44M to $45M.
What does life insurance segment — capitalized deferred policy acquisition costs mean?
This metric tracks the new acquisition costs incurred during the period that are deferred rather than expensed immediately. It reflects the company's investment in growing its policy base through commissions and other direct acquisition activities. Capitalizing these costs ensures that the financial impact of acquiring a policy is spread across the term of the contract.