Supplementary Information Concerning Property Casualty Insurance Operations

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-18, Supplemental Information, 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,
	2019		2018		2017
Deferred policy acquisition costs:
Commercial lines insurance	$	311	$	291	$	284
Personal lines insurance	130		126		121
Excess and surplus lines insurance	25		21		17
Other	46		26		16
Total	$	512	$	464	$	438
Reserves for unpaid claims and claim adjustment expenses:
Commercial lines insurance	$	4,569	$	4,466	$	4,236
Personal lines insurance	687		679		587
Excess and surplus lines insurance	351		298		264
Other	481		203		132
Total	$	6,088	$	5,646	$	5,219
Reserve discount deducted	$	—	$	—	$	—
Gross unearned premiums:
Commercial lines insurance	$	1,665	$	1,576	$	1,548
Personal lines insurance	757		725		683
Excess and surplus lines insurance	152		123		105
Other	213		91		67
Total	$	2,787	$	2,515	$	2,403
Earned premiums:
Commercial lines insurance	$	3,319	$	3,218	$	3,165
Personal lines insurance	1,404		1,336		1,241
Excess and surplus lines insurance	278		234		209
Other	333		132		107
Total	$	5,334	$	4,920	$	4,722
Investment income, net of expenses:
Commercial lines insurance	$	—	$	—	$	—
Personal lines insurance	—		—		—
Excess and surplus lines insurance	—		—		—
Other	—		—		—
Total (1)	$	419	$	401	$	392

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,
	2019			2018			2017
Loss and loss expenses incurred related to current accident year:
Commercial lines insurance	$	2,222		$	2,206		$	2,115
Personal lines insurance	1,012			960			932
Excess and surplus lines insurance	153			128			115
Other	213			96			95
Total	$	3,600		$	3,390		$	3,257
Loss and loss expenses incurred related to prior accident years:
Commercial lines insurance	$	(192	)	$	(157	)	$	(73	)
Personal lines insurance	(27		)	13			(14		)
Excess and surplus lines insurance	(11		)	(24		)	(29		)
Other	(18		)	1			(3		)
Total	$	(248	)	$	(167	)	$	(119	)
Amortization of deferred policy acquisition costs:
Commercial lines insurance	$	631		$	608		$	590
Personal lines insurance	251			242			225
Excess and surplus lines insurance	47			39			35
Other	57			18			17
Total	$	986		$	907		$	867
Paid loss and loss expenses:
Commercial lines insurance	$	2,023		$	1,816		$	1,866
Personal lines insurance	966			913			898
Excess and surplus lines insurance	90			74			61
Other	181			44			18
Total	$	3,260		$	2,847		$	2,843
Net written premiums:
Commercial lines insurance	$	3,410		$	3,245		$	3,202
Personal lines insurance	1,435			1,378			1,294
Excess and surplus lines insurance	303			249			219
Other	368			158			125
Total	$	5,516		$	5,030		$	4,840