Supplementary Insurance Information

12 Months Ended

Dec. 31, 2013

Supplementary Insurance Information [Abstract]

Supplementary Insurance Information

Schedule III

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(In millions)	Years ended December 31,
	2013		2012		2011
Deferred policy acquisition costs:
Commercial lines insurance	$	251	$	235	$	204
Personal lines insurance	104		93		92
Excess and surplus lines insurance	11		9		7
Total property casualty insurance	366		337		303
Life insurance	199		133		174
Total	$	565	$	470	$	477
Gross future policy benefits, losses, claims and expense losses:
Commercial lines insurance	$	3,667	$	3,645	$	3,780
Personal lines insurance	417		398		419
Excess and surplus lines insurance	157		126		81
Total property casualty insurance	4,241		4,169		4,280
Life insurance	2,441		2,341		2,257
Total (1)	$	6,682	$	6,510	$	6,537
Gross unearned premiums:
Commercial lines insurance	$	1,372	$	1,246	$	1,149
Personal lines insurance	535		490		440
Excess and surplus lines insurance	67		54		42
Total property casualty insurance	1,974		1,790		1,631
Life insurance	2		2		2
Total (1)	$	1,976	$	1,792	$	1,633
Other policy claims and benefits payable:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Total property casualty insurance	—		—		—
Life insurance	19		15		16
Total (1)	$	19	$	15	$	16
Earned premiums:
Commercial lines insurance	$	2,636	$	2,383	$	2,197
Personal lines insurance	961		868		762
Excess and surplus lines insurance	116		93		70
Total property casualty insurance	3,713		3,344		3,029
Life insurance	189		178		165
Total	$	3,902	$	3,522	$	3,194

Schedule III (continued)

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(In millions)	Years ended December 31,
	2013		2012		2011
Investment income, net of expenses:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Total property casualty insurance (2)	348		351		350
Life insurance	140		137		134
Total	$	488	$	488	$	484
Benefits, claims losses and settlement expenses:
Commercial lines insurance	$	1,596	$	1,420	$	1,570
Personal lines insurance	639		652		723
Excess and surplus lines insurance	66		65		42
Total property casualty insurance	2,301		2,137		2,335
Life insurance	204		185		189
Total	$	2,505	$	2,322	$	2,524
Amortization of deferred policy acquisition costs:
Commercial lines insurance	$	514	$	462	$	441
Personal lines insurance	192		183		144
Excess and surplus lines insurance	21		17		13
Total property casualty insurance	727		662		598
Life insurance	31		45		33
Total (3)	$	758	$	707	$	631
Underwriting, acquisition and insurance expenses:
Commercial lines insurance	$	343	$	324	$	291
Personal lines insurance	98		78		78
Excess and surplus lines insurance	15		12		9
Total property casualty insurance	456		414		378
Life insurance	29		34		30
Total (3)	$	485	$	448	$	408
Net written premiums:
Commercial lines insurance	$	2,760	$	2,459	$	2,218
Personal lines insurance	1,005		918		801
Excess and surplus lines insurance	128		105		79
Total property casualty insurance	3,893		3,482		3,098
Accident health insurance	2		3		3
Total	$	3,895	$	3,485	$	3,101

Notes to Schedule III:

(1) The sum of gross future policy benefits, losses, claims and expense losses, gross unearned premium and other policy claims and benefits payable is equal to the sum of Loss and loss expense reserves, Life policy reserves and investment contract reserves and Unearned premiums reported in the company’s consolidated balance sheets.

(2) This segment information is not regularly allocated to segments and reviewed by company management in making decisions about resources to be allocated to the segments or to assess their performance.

(3) The sum of amortization of deferred policy acquisition costs and other underwriting and insurance expenses is equal to Underwriting, acquisition and insurance expenses in the consolidated statements of income.