Discontinued — last reported Q4 '23
Structured Settlement Annuity — Loss and loss expense reserves
Cincinnati Financial Structured Settlement Annuity — Loss and loss expense reserves decreased by 0.8% to $123.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $129.00M to $123.00M. Over 2 years (FY 2021 to FY 2023), Structured Settlement Annuity — Loss and loss expense reserves shows a downward trend with a -5.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Increasing reserves may signal higher expected claim costs or adverse development, while decreasing reserves could indicate favorable claims experience or a reduction in claim frequency.
Detailed definition
This metric represents the estimated liability for unpaid claims and associated adjustment expenses related to the struc...
Peer comparison
Comparable to 'Loss and Loss Adjustment Expense Reserves' reported by property and casualty insurers with structured settlement or long-tail liability exposure.
cinf_segment_structured_settlement_annuity_loss_and_loss_expense_reservesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $141.00M | $139.00M | $136.00M | $135.00M | $133.00M | $131.00M | $129.00M | $128.00M | $126.00M | $124.00M | $123.00M |
| QoQ Change | — | -1.4% | -2.2% | -0.7% | -1.5% | -1.5% | -1.5% | -0.8% | -1.6% | -1.6% | -0.8% |
| YoY Change | — | — | — | — | -5.7% | -5.8% | -5.1% | -5.2% | -5.3% | -5.3% | -4.7% |
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Frequently Asked Questions
- What is Cincinnati Financial's structured settlement annuity — loss and loss expense reserves?
- Cincinnati Financial (CINF) reported structured settlement annuity — loss and loss expense reserves of $123.00M in Q4 2023.
- How has Cincinnati Financial's structured settlement annuity — loss and loss expense reserves changed year-over-year?
- Cincinnati Financial's structured settlement annuity — loss and loss expense reserves decreased by 4.7% year-over-year, from $129.00M to $123.00M.
- What is the long-term trend for Cincinnati Financial's structured settlement annuity — loss and loss expense reserves?
- Over 2 years (2021 to 2023), Cincinnati Financial's structured settlement annuity — loss and loss expense reserves has grown at a -5.4% compound annual growth rate (CAGR), from $560.00M to $501.00M.
- What does structured settlement annuity — loss and loss expense reserves mean?
- The estimated amount of money reserved to pay for insurance claims and related expenses that have occurred but have not yet been fully settled.