Supplementary Information Concerning Property Casualty Insurance Operations

12 Months Ended

Dec. 31, 2018

Supplemental Information for Property, Casualty Insurance Underwriters [Abstract]

Supplementary Information Concerning Property Casualty Insurance Operations

Schedule VI

Cincinnati Financial Corporation and Subsidiaries
Supplementary Information Concerning Property Casualty Insurance Operations
(Dollars in millions)	Years ended December 31,
	2018		2017		2016
Deferred policy acquisition costs:
Commercial lines insurance	$	291	$	284	$	271
Personal lines insurance	126		121		110
Excess and surplus lines insurance	21		17		16
Cincinnati Re	26		16		11
Total	$	464	$	438	$	408
Reserves for unpaid claims and claim adjustment expenses:
Commercial lines insurance	$	4,466	$	4,236	$	4,179
Personal lines insurance	679		587		569
Excess and surplus lines insurance	298		264		241
Cincinnati Re	203		132		46
Total	$	5,646	$	5,219	$	5,035
Reserve discount deducted	$	—	$	—	$	—
Gross unearned premiums:
Commercial lines insurance	$	1,576	$	1,548	$	1,510
Personal lines insurance	725		683		629
Excess and surplus lines insurance	123		105		93
Cincinnati Re	91		67		74
Total	$	2,515	$	2,403	$	2,306
Earned premiums:
Commercial lines insurance	$	3,218	$	3,165	$	3,089
Personal lines insurance	1,336		1,241		1,161
Excess and surplus lines insurance	234		209		183
Cincinnati Re	132		107		49
Total	$	4,920	$	4,722	$	4,482
Investment income, net of expenses:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Cincinnati Re	—		—		—
Total (1)	$	401	$	392	$	384

Note to Schedule VI:

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

Schedule VI (continued)

Cincinnati Financial Corporation and Subsidiaries
Supplementary Information Concerning Property Casualty Insurance Operations
(Dollars in millions)	Years ended December 31,
	2018			2017			2016
Loss and loss expenses incurred related to current accident year:
Commercial lines insurance	$	2,206		$	2,115		$	2,057
Personal lines insurance	960			932			844
Excess and surplus lines insurance	128			115			102
Cincinnati Re	96			95			26
Total	$	3,390		$	3,257		$	3,029
Loss and loss expenses incurred related to prior accident years:
Commercial lines insurance	$	(157	)	$	(73	)	$	(129	)
Personal lines insurance	13			(14		)	(4		)
Excess and surplus lines insurance	(24		)	(29		)	(34		)
Cincinnati Re	1			(3		)	(1		)
Total	$	(167	)	$	(119	)	$	(168	)
Amortization of deferred policy acquisition costs:
Commercial lines insurance	$	608		$	590		$	570
Personal lines insurance	242			225			209
Excess and surplus lines insurance	39			35			31
Cincinnati Re	18			17			10
Total	$	907		$	867		$	820
Paid loss and loss expenses:
Commercial lines insurance	$	1,816		$	1,866		$	1,675
Personal lines insurance	913			898			771
Excess and surplus lines insurance	74			61			55
Cincinnati Re	44			18			2
Total	$	2,847		$	2,843		$	2,503
Net written premiums:
Commercial lines insurance	$	3,245		$	3,202		$	3,122
Personal lines insurance	1,378			1,294			1,198
Excess and surplus lines insurance	249			219			189
Cincinnati Re	158			125			71
Total	$	5,030		$	4,840		$	4,580