Operating Expenses
Policyholder Benefits And Claims Incurred Net
Cincinnati Financial Policyholder Benefits And Claims Incurred Net increased by 19.0% to $1.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.0%, from $1.97B to $1.75B. Over 4 years (FY 2021 to FY 2025), Policyholder Benefits And Claims Incurred Net shows an upward trend with a 14.2% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2013
Last reportedQ1 2026Apr 27, 2026
Metric ID:
operating_expenses_policyholder_benefits_and_claims_incu_84f983Historical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $915M | $1.07B | $919M | $1.03B | $1.32B | $1.42B | $1.25B | $1.4B | $1.34B | $1.33B | $1.2B | $1.35B | $1.48B | $1.58B | $1.33B | $1.97B | $1.66B | $1.54B | $1.47B | $1.75B |
| QoQ Change | — | +17.2% | -14.3% | +12.3% | +28.1% | +7.3% | -12.1% | +12.1% | -4.1% | -0.6% | -9.6% | +12.0% | +9.7% | +6.6% | -15.7% | +48.0% | -15.7% | -7.2% | -4.4% | +19.0% |
| YoY Change | — | — | — | — | +44.5% | +32.3% | +35.7% | +35.5% | +1.4% | -6.1% | -3.4% | -3.5% | +10.4% | +18.5% | +10.5% | +45.9% | +12.2% | -2.4% | +10.7% | -11.0% |
Range$915M – $1.97B
CAGR+14.6%
Avg YoY Growth+14.4%
Median YoY Growth+10.6%
Business Segments — Consolidated Property And Casualty Insurance
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial Insurance | $1.48B | $1.58B | $1.33B | $1.97B | $1.66B | $1.54B | $1.47B | $1.75B |
| Excess and Surplus Lines Insurance | $1.48B | $1.58B | $1.33B | $1.97B | $1.66B | $1.54B | $1.47B | $1.75B |
| Life Insurance Segment | $1.48B | $1.58B | $1.33B | $1.97B | $1.66B | $1.54B | $1.47B | $1.75B |
| Personal Insurance | $1.48B | $1.58B | $1.33B | $1.97B | $1.66B | $1.54B | $1.47B | $1.75B |
| Total | $1.48B | $1.58B | $1.33B | $1.97B | $1.66B | $1.54B | $1.47B | $1.75B |
Business Segments — Consolidated Property and Casualty Insurance Entity
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Consolidated Property and Casualty Insurance Entity | $919M | $1.25B | $1.2B | $1.48B | $1.58B | $1.33B | $1.97B | $1.47B |
| Total | $919M | $1.25B | $1.2B | $1.48B | $1.58B | $1.33B | $1.97B | $1.47B |
Policyholder Benefits And Claims Incurred Net at Other Companies
Frequently Asked Questions
- What is Cincinnati Financial's policyholder benefits and claims incurred net?
- Cincinnati Financial (CINF) reported policyholder benefits and claims incurred net of $1.75B in Q1 2026.
- How has Cincinnati Financial's policyholder benefits and claims incurred net changed year-over-year?
- Cincinnati Financial's policyholder benefits and claims incurred net decreased by 11.0% year-over-year, from $1.97B to $1.75B.
- What is the long-term trend for Cincinnati Financial's policyholder benefits and claims incurred net?
- Over 4 years (2021 to 2025), Cincinnati Financial's policyholder benefits and claims incurred net has grown at a 14.2% compound annual growth rate (CAGR), from $3.91B to $6.64B.