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Cincinnati Financial CINF Reinsurance recoverable on unpaid losses and loss expenses

Discontinued — last reported Q3 '23

Reinsurance recoverable on unpaid losses and loss expenses at other companies

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The Travelers CompaniesTRV
$7.52B-2.0%
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$5.11B+7.5%
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LoewsL

Segments

By product

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Homeowner$124M+1,278%
Commercial Casualty Line$51M+155%
Workers' Compensation Line$51M-3.8%
Personal Auto$21M0.0%
Commercial Property Segment$19M-20.8%
Commercial Auto Line$3M0.0%

By segment

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Excess and Surplus Lines Insurance$31M+3.3%

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 us-gaap:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

The official record: Cincinnati Financial’s 10-Q, filed October 26, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cincinnati Financial's reinsurance recoverable on unpaid losses and loss expenses?
Cincinnati Financial (CINF) reported reinsurance recoverable on unpaid losses and loss expenses of $419M in Q3 2023.
How has Cincinnati Financial's reinsurance recoverable on unpaid losses and loss expenses changed year-over-year?
Cincinnati Financial's reinsurance recoverable on unpaid losses and loss expenses increased by 27.4% year-over-year, from $329M to $419M.
What is the long-term trend for Cincinnati Financial's reinsurance recoverable on unpaid losses and loss expenses?
Over 2 years (2020 to 2022), Cincinnati Financial's reinsurance recoverable on unpaid losses and loss expenses has grown at a 20.9% compound annual growth rate (CAGR), from $277M to $405M.