Supplementary Insurance Information

12 Months Ended

Dec. 31, 2014

Supplementary Insurance Information [Abstract]

Supplementary Insurance Information

Schedule III

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)	Years ended December 31,
	2014		2013		2012
Deferred policy acquisition costs:
Commercial lines insurance	$	257	$	251	$	235
Personal lines insurance	108		104		93
Excess and surplus lines insurance	14		11		9
Total property casualty insurance	379		366		337
Life insurance	199		199		133
Total	$	578	$	565	$	470
Gross future policy benefits, losses, claims and expense losses:
Commercial lines insurance	$	3,797	$	3,667	$	3,645
Personal lines insurance	439		417		398
Excess and surplus lines insurance	202		157		126
Total property casualty insurance	4,438		4,241		4,169
Life insurance	2,519		2,441		2,341
Total (1)	$	6,957	$	6,682	$	6,510
Gross unearned premiums:
Commercial lines insurance	$	1,441	$	1,372	$	1,246
Personal lines insurance	562		535		490
Excess and surplus lines insurance	78		67		54
Total property casualty insurance	2,081		1,974		1,790
Life insurance	1		2		2
Total (1)	$	2,082	$	1,976	$	1,792
Other policy claims and benefits payable:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Total property casualty insurance	—		—		—
Life insurance	25		19		15
Total (1)	$	25	$	19	$	15
Earned premiums:
Commercial lines insurance	$	2,856	$	2,636	$	2,383
Personal lines insurance	1,041		961		868
Excess and surplus lines insurance	148		116		93
Total property casualty insurance	4,045		3,713		3,344
Life insurance	198		189		178
Total	$	4,243	$	3,902	$	3,522

Schedule III (continued)

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)	Years ended December 31,
	2014		2013		2012
Investment income, net of expenses:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Total property casualty insurance (2)	358		348		351
Life insurance	144		140		137
Total	$	502	$	488	$	488
Benefits, claims losses and settlement expenses:
Commercial lines insurance	$	1,812	$	1,596	$	1,420
Personal lines insurance	740		639		652
Excess and surplus lines insurance	75		66		65
Total property casualty insurance	2,627		2,301		2,137
Life insurance	229		204		185
Total	$	2,856	$	2,505	$	2,322
Amortization of deferred policy acquisition costs:
Commercial lines insurance	$	537	$	514	$	462
Personal lines insurance	209		192		183
Excess and surplus lines insurance	24		21		17
Total property casualty insurance	770		727		662
Life insurance	37		31		45
Total (3)	$	807	$	758	$	707
Underwriting, acquisition and insurance expenses:
Commercial lines insurance	$	365	$	343	$	324
Personal lines insurance	84		98		78
Excess and surplus lines insurance	19		15		12
Total property casualty insurance	468		456		414
Life insurance	26		29		34
Total (3)	$	494	$	485	$	448
Net written premiums:
Commercial lines insurance	$	2,922	$	2,760	$	2,459
Personal lines insurance	1,068		1,005		918
Excess and surplus lines insurance	153		128		105
Total property casualty insurance	4,143		3,893		3,482
Accident health insurance	3		2		3
Total	$	4,146	$	3,895	$	3,485

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.