Discontinued — last reported Q4 '19
An increase in this liability generally indicates growth in the structured settlement business or changes in actuarial assumptions regarding life expectancy and discount rates. A significant rise may signal increased long-term capital requirements and exposure to interest rate risk.
This metric represents the actuarially determined present value of future obligations related to structured settlement a...
Comparable to 'Future Policy Benefits' or 'Insurance Contract Liabilities' reported by life insurance peers and diversified financial institutions with annuity portfolios.
cinf_segment_structured_settlements_liability_for_future_policy_benefits_life