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Cincinnati Financial CINF Personal Insurance — Underwriting, acquisition and insurance expenses

Other segment segments

Commercial Insurance
$377M+8.0%
Excess and Surplus Lines Insurance
$50M+13.6%
Life Insurance Segment
$23M0.0%

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KNSLUnderwriting, acquisition and insurance expenses
$88.23M+17.8%
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ORIUnderwriting Acquisition And Other Expenses
$1.13B+11.6%
ASI
ASICUnderwriting, acquisition and insurance expenses
$32.28M+29.7%
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HGTYInsurance — Underwriting and other insurance expenses
$59.59M+4,291%

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 cinf:UnderwritingAcquisitionAndInsuranceExpenses.

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 personal insurance — underwriting, acquisition and insurance expenses?
Cincinnati Financial (CINF) reported personal insurance — underwriting, acquisition and insurance expenses of $238M in Q1 2026.
How has Cincinnati Financial's personal insurance — underwriting, acquisition and insurance expenses changed year-over-year?
Cincinnati Financial's personal insurance — underwriting, acquisition and insurance expenses increased by 13.3% year-over-year, from $210M to $238M.
What is the long-term trend for Cincinnati Financial's personal insurance — underwriting, acquisition and insurance expenses?
Over 3 years (2022 to 2025), Cincinnati Financial's personal insurance — underwriting, acquisition and insurance expenses has grown at a 20.7% compound annual growth rate (CAGR), from $509M to $896M.
What does personal insurance — underwriting, acquisition and insurance expenses mean?
This captures the operational costs associated with acquiring new business and maintaining existing policies, including commissions, marketing, and administrative overhead. It is a key component of the expense ratio, which measures the efficiency of the insurance segment's operations. High expenses relative to premiums can indicate high acquisition costs or operational inefficiencies.