Discontinued — last reported Q2 '23
Reinsuranceassumedandothernonsegment — Premiums Earned Net
Cincinnati Financial Reinsuranceassumedandothernonsegment — Premiums Earned Net decreased by 11.3% to $172.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $166.00M to $172.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests growth in the company's reinsurance underwriting activities or expansion into specialized non-segment markets, while a decrease may indicate a strategic reduction in reinsurance exposure or lower demand for these specific services.
Detailed definition
This metric represents the net earned premiums generated from reinsurance assumed activities and other non-core business...
Peer comparison
Peers in the property and casualty insurance sector report similar figures under assumed reinsurance or specialty segment revenue, though the specific composition of 'other' segments varies significantly by company.
cinf_segment_reinsuranceassumedandothernonsegment_premiums_earned_netHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $126.00M | $173.00M | $147.00M | $142.00M | $166.00M | $225.00M | $193.00M | $194.00M | $172.00M |
| QoQ Change | — | +37.3% | -15.0% | -3.4% | +16.9% | +35.5% | -14.2% | +0.5% | -11.3% |
| YoY Change | — | — | — | — | +31.7% | +30.1% | +31.3% | +36.6% | +3.6% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Cincinnati Financial's reinsuranceassumedandothernonsegment — premiums earned net?
- Cincinnati Financial (CINF) reported reinsuranceassumedandothernonsegment — premiums earned net of $172.00M in Q2 2023.
- How has Cincinnati Financial's reinsuranceassumedandothernonsegment — premiums earned net changed year-over-year?
- Cincinnati Financial's reinsuranceassumedandothernonsegment — premiums earned net increased by 3.6% year-over-year, from $166.00M to $172.00M.
- What does reinsuranceassumedandothernonsegment — premiums earned net mean?
- The net revenue earned from reinsurance assumed and miscellaneous business activities after accounting for reinsurance costs.