Supplementary Insurance Information

12 Months Ended

Dec. 31, 2016

Supplementary Insurance Information [Abstract]

Supplementary Insurance Information

Schedule III

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)	Years ended December 31,
	2016		2015		2014
Deferred policy acquisition costs:
Commercial lines insurance	$	271	$	264	$	257
Personal lines insurance	110		103		108
Excess and surplus lines insurance	16		15		14
Cincinnati Re	11		6		—
Total property casualty insurance	408		388		379
Life insurance	229		228		199
Total	$	637	$	616	$	578
Gross future policy benefits, losses, claims and expense losses:
Commercial lines insurance	$	4,179	$	3,925	$	3,797
Personal lines insurance	569		498		439
Excess and surplus lines insurance	241		227		202
Cincinnati Re	46		10		—
Total property casualty insurance	5,035		4,660		4,438
Life insurance	2,693		2,605		2,519
Total (1)	$	7,728	$	7,265	$	6,957
Gross unearned premiums:
Commercial lines insurance	$	1,510	$	1,472	$	1,441
Personal lines insurance	629		593		562
Excess and surplus lines insurance	93		87		78
Cincinnati Re	74		48		—
Total property casualty insurance	2,306		2,200		2,081
Life insurance	1		1		1
Total (1)	$	2,307	$	2,201	$	2,082
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	28		36		25
Total (1)	$	28	$	36	$	25
Earned premiums:
Commercial lines insurance	$	3,089	$	2,996	$	2,856
Personal lines insurance	1,161		1,097		1,041
Excess and surplus lines insurance	183		168		148
Cincinnati Re	49		10		—
Total property casualty insurance	4,482		4,271		4,045
Life insurance	228		209		198
Total	$	4,710	$	4,480	$	4,243

Schedule III (continued)

Cincinnati Financial Corporation and Subsidiaries
Supplementary Insurance Information
(Dollars in millions)	Years ended December 31,
	2016		2015		2014
Investment income, net of expenses:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Cincinnati Re	—		—		—
Total property casualty insurance (2)	384		368		358
Life insurance	155		150		144
Total	$	539	$	518	$	502
Benefits, claims losses and settlement expenses:
Commercial lines insurance	$	1,928	$	1,708	$	1,812
Personal lines insurance	840		789		740
Excess and surplus lines insurance	68		70		75
Cincinnati Re	25		5		—
Total property casualty insurance	2,861		2,572		2,627
Life insurance	246		236		229
Total	$	3,107	$	2,808	$	2,856
Amortization of deferred policy acquisition costs:
Commercial lines insurance	$	570	$	552	$	537
Personal lines insurance	209		210		209
Excess and surplus lines insurance	31		28		24
Cincinnati Re	10		2		—
Total property casualty insurance	820		792		770
Life insurance	43		37		37
Total (3)	$	863	$	829	$	807
Underwriting, acquisition and insurance expenses:
Commercial lines insurance	$	412	$	395	$	365
Personal lines insurance	128		113		84
Excess and surplus lines insurance	23		20		19
Cincinnati Re	6		1		—
Total property casualty insurance	569		529		468
Life insurance	33		29		26
Total (3)	$	602	$	558	$	494
Net written premiums:
Commercial lines insurance	$	3,122	$	3,025	$	2,922
Personal lines insurance	1,198		1,128		1,068
Excess and surplus lines insurance	189		175		153
Cincinnati Re	71		33		—
Total property casualty insurance	4,580		4,361		4,143
Accident health insurance	2		2		3
Total	$	4,582	$	4,363	$	4,146

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.