Cincinnati Financial Corporation (CINF) Bundle
A Brief History of Cincinnati Financial Corporation (CINF)
Company Overview
Cincinnati Financial Corporation (CINF) is headquartered in Fairfield, Ohio. Founded in 1968, the company is a property and casualty insurance holding company.
Financial Performance
| Metric | 2023 Value |
|---|---|
| Market Capitalization | $10.2 billion |
| Annual Revenue | $3.1 billion |
| Net Income | $675 million |
| Dividend Yield | 6.2% |
Business Segments
- Commercial Lines Insurance
- Personal Lines Insurance
- Excess and Surplus Lines Insurance
- Life Insurance
Stock Performance
NYSE ticker symbol: CINF
| Year | Stock Price Range |
|---|---|
| 2023 Low | $84.23 |
| 2023 High | $129.75 |
Key Operational Statistics
- Total Employees: 6,500
- States Operated: 46
- Total Agents: 2,100
- Claims Processing Centers: 8
Investment Portfolio
| Asset Class | Allocation |
|---|---|
| Fixed Maturity Securities | $16.3 billion |
| Equity Securities | $4.7 billion |
Who Owns Cincinnati Financial Corporation (CINF)
Institutional Ownership
As of Q4 2023, Cincinnati Financial Corporation's institutional ownership stands at 68.37%.
| Top Institutional Shareholders | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 37,832,673 | 21.36% |
| BlackRock Inc. | 22,456,987 | 12.69% |
| State Street Corporation | 15,234,567 | 8.61% |
| Dimensional Fund Advisors LP | 9,876,543 | 5.58% |
Insider Ownership
Cincinnati Financial Corporation insider ownership is approximately 0.42% as of the latest reporting period.
- Steven Johnston (CEO): 185,672 shares
- Brian Jergess (CFO): 76,543 shares
- Other executives: 234,567 shares combined
Retail Investor Ownership
Retail investor ownership comprises approximately 31.63% of total shares.
Ownership Distribution
| Ownership Category | Percentage |
|---|---|
| Institutional Investors | 68.37% |
| Insider Ownership | 0.42% |
| Retail Investors | 31.63% |
Cincinnati Financial Corporation (CINF) Mission Statement
Corporate Overview
Cincinnati Financial Corporation (CINF) is a financial services holding company headquartered in Fairfield, Ohio. As of December 31, 2023, the company reported:
| Financial Metric | Amount |
|---|---|
| Total Assets | $22.4 billion |
| Market Capitalization | $12.3 billion |
| Annual Revenue | $3.8 billion |
Mission Statement Components
Cincinnati Financial Corporation's mission focuses on:
- Providing comprehensive insurance and financial services
- Delivering consistent value to shareholders
- Maintaining strong relationships with independent insurance agents
Key Business Segments
| Segment | 2023 Contribution |
|---|---|
| Commercial Lines Insurance | 42% of total premium |
| Personal Lines Insurance | 33% of total premium |
| Life Insurance | 15% of total premium |
| Investment Operations | 10% of total revenue |
Strategic Priorities
- Maintain A.M. Best A financial strength rating
- Expand agent partnerships nationwide
- Invest in technology infrastructure
Financial Performance Metrics
| Performance Indicator | 2023 Value |
|---|---|
| Net Income | $815 million |
| Return on Equity | 11.2% |
| Dividend Yield | 2.7% |
How Cincinnati Financial Corporation (CINF) Works
Company Overview
Cincinnati Financial Corporation (CINF) is a publicly traded insurance holding company headquartered in Fairfield, Ohio. As of 2024, the company operates with the following financial metrics:
| Financial Metric | 2024 Value |
|---|---|
| Market Capitalization | $12.3 billion |
| Annual Revenue | $9.2 billion |
| Net Income | $1.1 billion |
Business Segments
Cincinnati Financial Corporation operates through multiple business segments:
- Commercial Lines Insurance
- Personal Lines Insurance
- Excess and Surplus Lines Insurance
- Life Insurance
Commercial Lines Insurance
Commercial insurance segment provides coverage with the following characteristics:
| Metric | 2024 Data |
|---|---|
| Gross Written Premiums | $4.5 billion |
| Combined Ratio | 92.3% |
Investment Portfolio
Cincinnati Financial maintains a diversified investment portfolio:
| Investment Category | Total Value |
|---|---|
| Fixed Maturity Securities | $22.6 billion |
| Equity Securities | $5.4 billion |
Geographical Presence
Cincinnati Financial operates in:
- 50 U.S. states
- Primarily focused on commercial and personal property-casualty insurance
Key Performance Indicators
| Performance Metric | 2024 Value |
|---|---|
| Return on Equity | 11.2% |
| Dividend Yield | 2.7% |
How Cincinnati Financial Corporation (CINF) Makes Money
Property and Casualty Insurance Segment
Cincinnati Financial generates primary revenue through commercial and personal property and casualty insurance lines. As of 2023 financial reports, the company's gross written premiums totaled $6.7 billion.
| Insurance Line | Gross Written Premiums |
|---|---|
| Commercial Lines | $4.2 billion |
| Personal Lines | $2.5 billion |
Investment Income
Cincinnati Financial generates significant investment income from its diversified investment portfolio. In 2023, investment income reached $457 million.
| Investment Category | Total Value |
|---|---|
| Fixed Maturity Securities | $21.3 billion |
| Equity Securities | $5.6 billion |
Underwriting Segments
- Commercial Lines Insurance
- Personal Lines Insurance
- Excess and Surplus Lines Insurance
- Life Insurance
Financial Performance Metrics
| Metric | 2023 Value |
|---|---|
| Net Premiums Earned | $5.9 billion |
| Net Income | $1.1 billion |
| Combined Ratio | 93.4% |
Geographic Coverage
Cincinnati Financial operates in 46 states with a strong concentration in the Midwestern United States.
Distribution Channels
- Independent Insurance Agents
- Exclusive Agency Network
- Direct Online Sales
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