Supplementary Insurance Information

12 Months Ended

Dec. 31, 2015

Supplementary Insurance Information [Abstract]

Supplementary Insurance Information

Schedule III

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)	Years ended December 31,
	2015		2014		2013
Deferred policy acquisition costs:
Commercial lines insurance	$	264	$	257	$	251
Personal lines insurance	103		108		104
Excess and surplus lines insurance	15		14		11
Cincinnati Re	6		—		—
Total property casualty insurance	388		379		366
Life insurance	228		199		199
Total	$	616	$	578	$	565
Gross future policy benefits, losses, claims and expense losses:
Commercial lines insurance	$	3,925	$	3,797	$	3,667
Personal lines insurance	498		439		417
Excess and surplus lines insurance	227		202		157
Cincinnati Re	10		—		—
Total property casualty insurance	4,660		4,438		4,241
Life insurance	2,605		2,519		2,441
Total (1)	$	7,265	$	6,957	$	6,682
Gross unearned premiums:
Commercial lines insurance	$	1,472	$	1,441	$	1,372
Personal lines insurance	593		562		535
Excess and surplus lines insurance	87		78		67
Cincinnati Re	48		—		—
Total property casualty insurance	2,200		2,081		1,974
Life insurance	1		1		2
Total (1)	$	2,201	$	2,082	$	1,976
Other policy claims and benefits payable:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Cincinnati Re	—		—		—
Total property casualty insurance	—		—		—
Life insurance	36		25		19
Total (1)	$	36	$	25	$	19
Earned premiums:
Commercial lines insurance	$	2,996	$	2,856	$	2,636
Personal lines insurance	1,097		1,041		961
Excess and surplus lines insurance	168		148		116
Cincinnati Re	10		—		—
Total property casualty insurance	4,271		4,045		3,713
Life insurance	209		198		189
Total	$	4,480	$	4,243	$	3,902

Schedule III (continued)

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)	Years ended December 31,
	2015		2014		2013
Investment income, net of expenses:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Cincinnati Re	—		—		—
Total property casualty insurance (2)	368		358		348
Life insurance	150		144		140
Total	$	518	$	502	$	488
Benefits, claims losses and settlement expenses:
Commercial lines insurance	$	1,708	$	1,812	$	1,596
Personal lines insurance	789		740		639
Excess and surplus lines insurance	70		75		66
Cincinnati Re	5		—		—
Total property casualty insurance	2,572		2,627		2,301
Life insurance	236		229		204
Total	$	2,808	$	2,856	$	2,505
Amortization of deferred policy acquisition costs:
Commercial lines insurance	$	552	$	537	$	514
Personal lines insurance	210		209		192
Excess and surplus lines insurance	28		24		21
Cincinnati Re	2		—		—
Total property casualty insurance	792		770		727
Life insurance	37		37		31
Total (3)	$	829	$	807	$	758
Underwriting, acquisition and insurance expenses:
Commercial lines insurance	$	395	$	365	$	343
Personal lines insurance	113		84		98
Excess and surplus lines insurance	20		19		15
Cincinnati Re	1		—		—
Total property casualty insurance	529		468		456
Life insurance	29		26		29
Total (3)	$	558	$	494	$	485
Net written premiums:
Commercial lines insurance	$	3,025	$	2,922	$	2,760
Personal lines insurance	1,128		1,068		1,005
Excess and surplus lines insurance	175		153		128
Cincinnati Re	33		—		—
Total property casualty insurance	4,361		4,143		3,893
Accident health insurance	2		3		2
Total	$	4,363	$	4,146	$	3,895

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.