Cincinnati Financial Corporation

Supplemental Financial Data

for the period ending June 30, 2024

6200 South Gilmore Road

Fairfield, Ohio 45014-5141

cinfin.com

Investor Contact:	Media Contact:	Shareholder Contact:
Dennis E. McDaniel	Betsy E. Ertel	Brandon McIntosh
513-870-2768	513-603-5323	513-870-2696

	A.M. Best Company	Fitch Ratings	Moody's Investor Service	S&P Global Ratings
Cincinnati Financial Corporation
Corporate Debt	a	A-	A3	BBB+
The Cincinnati Insurance Companies
Insurer Financial Strength
Property Casualty Group
Standard Market Subsidiaries:	A+	—	A1	A+
The Cincinnati Insurance Company	A+	A+	A1	A+
The Cincinnati Indemnity Company	A+	A+	A1	A+
The Cincinnati Casualty Company	A+	A+	A1	A+
Surplus Lines Subsidiary:
The Cincinnati Specialty Underwriters Insurance Company	A+	—	—	—
The Cincinnati Life Insurance Company	A+	A+	—	A+

Ratings are as of July 24, 2024, under continuous review and subject to change and/or affirmation. For the current ratings, select Financial Strength on cinfin.com.

The consolidated financial statements and financial exhibits that follow are unaudited. These consolidated financial statements and exhibits should be read in conjunction with the consolidated financial statements and notes included with our periodic filings with the U.S. Securities and Exchange Commission. The results of operations for interim periods may not be indicative of results to be expected for the full year.

CINF Second-Quarter 2024 Supplemental Financial Data

1

	Cincinnati Financial Corporation
	Supplemental Financial Data
	for the period ending June 30, 2024
		Page
	Definitions of Non-GAAP Information and Reconciliation to Comparable GAAP Measures	3
Consolidated
	CFC and Subsidiaries Consolidation – Six Months Ended June 30, 2024	4
	CFC and Subsidiaries Consolidation – Three Months Ended June 30, 2024	5
Consolidated Property Casualty Insurance Operations
	Losses Incurred Detail	6
	Loss Ratio Detail	7
	Loss Claim Count Detail	8
	Quarterly Property Casualty Data – Commercial Lines	9
	Quarterly Property Casualty Data – Personal Lines and Excess & Surplus Lines	10
	Loss and Loss Expense Analysis – Six Months Ended June 30, 2024	11
	Loss and Loss Expense Analysis – Three Months Ended June 30, 2024	12
Reconciliation Data
	Quarterly Property Casualty Data – Consolidated	13
	Quarterly Property Casualty Data – Commercial Lines	14
	Quarterly Property Casualty Data – Personal Lines	15
	Quarterly Property Casualty Data – Excess & Surplus Lines	16
Statutory Statements of Income
	Consolidated Cincinnati Insurance Companies Statutory Statements of Income	17
	The Cincinnati Life Insurance Company Statutory Statements of Income	18
Other
	Quarterly Data – Other	19

CINF Second-Quarter 2024 Supplemental Financial Data

2

Definitions of Non-GAAP Information and

Reconciliation to Comparable GAAP Measures

Cincinnati Financial Corporation prepares its public financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP). Statutory data is prepared in accordance with statutory accounting rules for insurance company regulation in the United States of America as defined by the National Association of Insurance Commissioners’ (NAIC) Accounting Practices and Procedures Manual, and therefore is not reconciled to GAAP data.

Management uses certain non-GAAP financial measures to evaluate its primary business areas – property casualty insurance, life insurance and investments. Management uses these measures when analyzing both GAAP and non-GAAP results to improve its understanding of trends in the underlying business and to help avoid incorrect or misleading assumptions and conclusions about the success or failure of company strategies. Management adjustments to GAAP measures generally: apply to non-recurring events that are unrelated to business performance and distort short-term results; involve values that fluctuate based on events outside of management’s control; supplement reporting segment disclosures with disclosures for a subsidiary company or for a combination of subsidiaries or reporting segments; or relate to accounting refinements that affect comparability between periods, creating a need to analyze data on the same basis.

•Non-GAAP operating income: Non-GAAP operating income is calculated by excluding investment gains and losses (defined as investment gains and losses after applicable federal and state income taxes) and other significant non-recurring items from net income. Management evaluates non-GAAP operating income to measure the success of pricing, rate and underwriting strategies. While investment gains (or losses) are integral to the company’s insurance operations over the long term, the determination to realize investment gains or losses on fixed-maturity securities sold in any period may be subject to management’s discretion and is independent of the insurance underwriting process. Also, under applicable GAAP accounting requirements, gains and losses are recognized from certain changes in market values of securities without actual realization. Management believes that the level of investment gains or losses for any particular period, while it may be material, may not fully indicate the performance of ongoing underlying business operations in that period.

For these reasons, many investors and shareholders consider non-GAAP operating income to be one of the more meaningful measures for evaluating insurance company performance. Equity analysts who report on the insurance industry and the company generally focus on this metric in their analyses. The company presents non-GAAP operating income so that all investors have what management believes to be a useful supplement to GAAP information.

•    Consolidated property casualty insurance results: To supplement reporting segment disclosures related to our property casualty insurance operations, we also evaluate results for those operations on a basis that includes results for our property casualty insurance and brokerage services subsidiaries. That is the total of our commercial lines, personal lines and our excess and surplus lines segments plus our reinsurance assumed operations known as Cincinnati Re and our London-based global specialty underwriter known as Cincinnati Global.

•Life insurance subsidiary results: To supplement life insurance reporting segment disclosures related to our life insurance operation, we also evaluate results for that operation on a basis that includes life insurance subsidiary investment income, or investment income plus investment gains and losses, that are also included in our investments reporting segment. We recognize that assets under management, capital appreciation and investment income are integral to evaluating the success of the life insurance segment because of the long duration of life products.

Other Measures

•    Value creation ratio: This is a measure of shareholder value creation that management believes captures the contribution of the company’s insurance operations, the success of its investment strategy and the importance placed on paying cash dividends to shareholders. The value creation ratio measure is made up of two primary components: (1) rate of growth in book value per share plus (2) the ratio of dividends declared per share to beginning book value per share. Management believes this measure is useful, providing a meaningful measure of long-term progress in creating shareholder value. It is intended to be all-inclusive regarding changes in book value per share, and uses originally reported book value per share in cases where book value per share has been adjusted, such as adoption of Accounting Standards Updates with a cumulative effect of a change in accounting.

•    Statutory accounting rules: For public reporting, insurance companies prepare financial statements in accordance with GAAP. However, insurers also must calculate certain data according to statutory accounting rules for insurance company regulation in the United States of America as defined in the NAIC’s Accounting Practices and Procedures Manual, which may be, and has been, modified by various state insurance departments and differ from GAAP. Statutory data is publicly available, and various organizations use it to calculate aggregate industry data, study industry trends and compare insurance companies.

•    Written premium: Under statutory accounting rules in the U.S., property casualty written premium is the amount recorded for policies issued and recognized on an annualized basis at the effective date of the policy. Management analyzes trends in written premium to assess business efforts. The difference between written and earned premium is unearned premium.

CINF Second-Quarter 2024 Supplemental Financial Data

3

Cincinnati Financial Corporation and Subsidiaries
Consolidated Statements of Income for the Six Months Ended June 30, 2024
(Dollars in millions)	CFC		CONSOL P&C		CLIC		CFC-I		ELIM		Total
Revenues
Premiums earned:
Property casualty	$	—	$	4,256	$	—	$	—	$	—	$	4,256
Life	—		—		200		—		—		200
Premiums ceded	—		(189)		(40)		—		—		(229)
Total earned premium	—		4,067		160		—		—		4,227
Investment income, net of expenses	58		337		94		—		(2)		487
Investment gains and losses, net	272		486		(9)		—		—		749
Fee revenues	—		6		3		—		—		9
Other revenues	8		4		—		4		(9)		7
Total revenues	$	338	$	4,900	$	248	$	4	$	(11)	$	5,479
Benefits & expenses
Losses & contract holders' benefits	$	—	$	2,684	$	170	$	—	$	—	$	2,854
Reinsurance recoveries	—		(2)		(23)		—		—		(25)
Underwriting, acquisition and insurance expenses	—		1,225		46		—		—		1,271
Interest expense	26		—		—		2		(1)		27
Other operating expenses	19		2		—		2		(10)		13
Total expenses	$	45	$	3,909	$	193	$	4	$	(11)	$	4,140
Income before income taxes	$	293	$	991	$	55	$	—	$	—	$	1,339
Provision (benefit) for income taxes
Current operating income (loss)	$	(49)	$	(5)	$	19	$	—	$	—	$	(35)
Capital gains/losses	57		102		(2)		—		—		157
Deferred	62		93		(5)		—		—		150
Total provision for income taxes	$	70	$	190	$	12	$	—	$	—	$	272
Net income - current year	$	223	$	801	$	43	$	—	$	—	$	1,067
Net income - prior year	$	315	$	403	$	40	$	1	$	—	$	759
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Second-Quarter 2024 Supplemental Financial Data

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Cincinnati Financial Corporation and Subsidiaries
Consolidated Statements of Income for the Three Months Ended June 30, 2024
(Dollars in millions)	CFC		CONSOL P&C		CLIC		CFC-I		ELIM		Total
Revenues
Premiums earned:
Property casualty	$	—	$	2,170	$	—	$	—	$	—	$	2,170
Life	—		—		101		—		—		101
Premiums ceded	—		(95)		(20)		—		—		(115)
Total earned premium	—		2,075		81		—		—		2,156
Investment income, net of expenses	29		167		47		—		(1)		242
Investment gains and losses, net	135		9		(7)		—		—		137
Fee revenues	—		3		2		—		—		5
Other revenues	4		3		—		2		(5)		4
Total revenues	$	168	$	2,257	$	123	$	2	$	(6)	$	2,544
Benefits & expenses
Losses & contract holders' benefits	$	—	$	1,415	$	76	$	—	$	—	$	1,491
Reinsurance recoveries	—		(3)		(8)		—		—		(11)
Underwriting, acquisition and insurance expenses	—		631		24		—		—		655
Interest expense	13		—		—		1		—		14
Other operating expenses	12		2		—		1		(6)		9
Total expenses	$	25	$	2,045	$	92	$	2	$	(6)	$	2,158
Income before income taxes	$	143	$	212	$	31	$	—	$	—	$	386
Provision (benefit) for income taxes
Current operating income	$	(24)	$	44	$	13	$	—	$	—	$	33
Capital gains/losses	28		2		(2)		—		—		28
Deferred	26		(9)		(4)		—		—		13
Total provision for income taxes	$	30	$	37	$	7	$	—	$	—	$	74
Net income - current year	$	113	$	175	$	24	$	—	$	—	$	312
Net income - prior year	$	191	$	321	$	21	$	1	$	—	$	534
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Second-Quarter 2024 Supplemental Financial Data

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Consolidated Property Casualty
Losses Incurred Detail
(Dollars in millions)	Three months ended														Six months ended				Nine months ended			Twelve months ended
	12/31/24	9/30/24	6/30/24		3/31/24		12/31/23		9/30/23		6/30/23		3/31/23		6/30/24		6/30/23		9/30/24	9/30/23		12/31/24	12/31/23
Consolidated
Current accident year losses greater than $5 million			$	31	$	—	$	38	$	24	$	43	$	36	$	31	$	79		$	103		$	141
Current accident year losses $2 million - $5 million			28		22		42		52		35		15		50		50			102			144
Large loss prior accident year reserve development			15		22		34		32		19		9		37		28			60			94
Total large losses incurred			$	74	$	44	$	114	$	108	$	97	$	60	$	118	$	157		$	265		$	379
Losses incurred but not reported			165		251		122		150		96		179		416		324			474			596
Other losses excluding catastrophe losses			741		677		665		639		675		641		1,418		1,267			1,906			2,571
Catastrophe losses			228		111		20		170		217		227		339		444			614			634
Total losses incurred			$	1,208	$	1,083	$	921	$	1,067	$	1,085	$	1,107	$	2,291	$	2,192		$	3,259		$	4,180
Commercial Lines
Current accident year losses greater than $5 million			$	31	$	—	$	33	$	18	$	28	$	30	$	31	$	58		$	76		$	109
Current accident year losses $2 million - $5 million			11		11		31		28		28		12		22		40			68			99
Large loss prior accident year reserve development			22		12		37		30		19		3		34		22			52			89
Total large losses incurred			$	64	$	23	$	101	$	76	$	75	$	45	$	87	$	120		$	196		$	297
Losses incurred but not reported			92		156		86		88		29		125		248		154			242			328
Other losses excluding catastrophe losses			384		368		338		336		384		335		752		719			1,055			1,393
Catastrophe losses			101		64		3		67		115		106		165		221			288			291
Total losses incurred			$	641	$	611	$	528	$	567	$	603	$	611	$	1,252	$	1,214		$	1,781		$	2,309
Personal Lines
Current accident year losses greater than $5 million			$	—	$	—	$	5	$	6	$	15	$	6	$	—	$	21		$	27		$	32
Current accident year losses $2 million - $5 million			15		11		11		24		7		3		26		10			34			45
Large loss prior accident year reserve development			(7)		10		(2)		2		1		6		3		7			9			7
Total large losses incurred			$	8	$	21	$	14	$	32	$	23	$	15	$	29	$	38		$	70		$	84
Losses incurred but not reported			31		22		5		7		26		27		53		53			60			65
Other losses excluding catastrophe losses			256		231		218		210		194		187		487		381			591			809
Catastrophe losses			129		50		21		71		93		113		179		206			277			298
Total losses incurred			$	424	$	324	$	258	$	320	$	336	$	342	$	748	$	678		$	998		$	1,256
Excess & Surplus Lines
Current accident year losses greater than $5 million			$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—		$	—		$	—
Current accident year losses $2 million - $5 million			2		—		—		—		—		—		2		—			—			—
Large loss prior accident year reserve development			—		—		(1)		—		(1)		—		—		(1)			(1)			(2)
Total large losses incurred			$	2	$	—	$	(1)	$	—	$	(1)	$	—	$	2	$	(1)		$	(1)		$	(2)
Losses incurred but not reported			17		30		16		16		20		27		47		47			63			79
Other losses excluding catastrophe losses			51		37		52		45		45		28		88		73			118			170
Catastrophe losses			3		1		1		(1)		2		1		4		3			2			3
Total losses incurred			$	73	$	68	$	68	$	60	$	66	$	56	$	141	$	122		$	182		$	250
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. The sum of quarterly amounts may not equal the full year as each is computed independently.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Second-Quarter 2024 Supplemental Financial Data

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Consolidated Property Casualty
Loss Ratio Detail
	Three months ended														Six months ended				Nine months ended			Twelve months ended
	12/31/24	9/30/24	6/30/24		3/31/24		12/31/23		9/30/23		6/30/23		3/31/23		6/30/24		6/30/23		9/30/24	9/30/23		12/31/24	12/31/23
Consolidated
Current accident year losses greater than $5 million			1.5	%	—	%	1.9	%	1.2	%	2.4	%	1.9	%	0.8	%	2.2	%		1.8	%		1.9	%
Current accident year losses $2 million - $5 million			1.4		1.1		2.1		2.7		1.9		0.8		1.2		1.3			1.8			1.9
Large loss prior accident year reserve development			0.7		1.1		1.7		1.6		1.0		0.5		0.9		0.8			1.1			1.2
Total large loss ratio			3.6	%	2.2	%	5.7	%	5.5	%	5.3	%	3.2	%	2.9	%	4.3	%		4.7	%		5.0	%
Losses incurred but not reported			8.0		12.6		6.2		7.6		5.2		9.7		10.2		8.7			8.4			7.8
Other losses excluding catastrophe losses			35.6		34.0		33.5		32.7		36.1		34.9		34.9		34.2			33.7			33.6
Catastrophe losses			11.0		5.6		1.0		8.7		11.6		12.3		8.3		12.0			10.8			8.3
Total loss ratio			58.2	%	54.4	%	46.4	%	54.5	%	58.2	%	60.1	%	56.3	%	59.2	%		57.6	%		54.7	%
Commercial Lines
Current accident year losses greater than $5 million			2.8	%	—	%	3.1	%	1.7	%	2.6	%	2.8	%	1.4	%	2.8	%		2.4	%		2.5	%
Current accident year losses $2 million - $5 million			1.0		1.0		2.8		2.6		2.7		1.1		1.0		1.9			2.1			2.3
Large loss prior accident year reserve development			2.0		1.1		3.4		2.8		1.8		0.3		1.6		1.0			1.6			2.1
Total large loss ratio			5.8	%	2.1	%	9.3	%	7.1	%	7.1	%	4.2	%	4.0	%	5.7	%		6.1	%		6.9	%
Losses incurred but not reported			8.3		14.4		8.0		8.3		2.7		11.8		11.3		7.2			7.6			7.7
Other losses excluding catastrophe losses			34.6		34.0		31.3		31.7		35.9		31.9		34.3		33.9			33.2			32.7
Catastrophe losses			9.1		6.0		0.3		6.3		10.8		10.0		7.6		10.4			9.0			6.8
Total loss ratio			57.8	%	56.5	%	48.9	%	53.4	%	56.5	%	57.9	%	57.2	%	57.2	%		55.9	%		54.1	%
Personal Lines
Current accident year losses greater than $5 million			—	%	—	%	1.0	%	1.1	%	3.0	%	1.3	%	—	%	2.2	%		1.8	%		1.6	%
Current accident year losses $2 million - $5 million			2.4		1.8		1.9		4.7		1.4		0.6		2.1		1.0			2.3			2.2
Large loss prior accident year reserve development			(1.1)		1.8		(0.4)		0.4		0.2		1.4		0.3		0.8			0.6			0.3
Total large loss ratio			1.3	%	3.6	%	2.5	%	6.2	%	4.6	%	3.3	%	2.4	%	4.0	%		4.7	%		4.1	%
Losses incurred but not reported			4.8		3.8		0.9		1.2		5.3		5.9		4.3		5.6			4.0			3.2
Other losses excluding catastrophe losses			40.5		39.4		38.7		39.9		39.4		40.2		39.9		39.7			39.9			39.5
Catastrophe losses			20.5		8.4		3.8		13.4		19.0		24.3		14.7		21.6			18.7			14.6
Total loss ratio			67.1	%	55.2	%	45.9	%	60.7	%	68.3	%	73.7	%	61.3	%	70.9	%		67.3	%		61.4	%
Excess & Surplus Lines
Current accident year losses greater than $5 million			—	%	—	%	—	%	—	%	—	%	—	%	—	%	—	%		—	%		—	%
Current accident year losses $2 million - $5 million			1.3		—		—		—		—		—		0.7		—			—			—
Large loss prior accident year reserve development			—		—		(0.5)		—		(0.4)		(0.3)		—		(0.3)			(0.2)			(0.3)
Total large loss ratio			1.3	%	—	%	(0.5)	%	—	%	(0.4)	%	(0.3)	%	0.7	%	(0.3)	%		(0.2)	%		(0.3)	%
Losses incurred but not reported			11.6		21.6		10.9		11.9		15.2		21.3		16.4		18.0			15.9			14.6
Other losses excluding catastrophe losses			33.8		26.8		35.2		33.2		33.5		22.2		30.4		28.1			29.9			31.3
Catastrophe losses			1.9		0.5		0.6		(0.9)		1.3		1.1		1.2		1.2			0.5			0.5
Total loss ratio			48.6	%	48.9	%	46.2	%	44.2	%	49.6	%	44.3	%	48.7	%	47.0	%		46.1	%		46.1	%
*Certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Second-Quarter 2024 Supplemental Financial Data

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Consolidated Property Casualty
Loss Claim Count Detail
	Three months ended								Six months ended		Nine months ended		Twelve months ended
	12/31/24	9/30/24	6/30/24	3/31/24	12/31/23	9/30/23	6/30/23	3/31/23	6/30/24	6/30/23	9/30/24	9/30/23	12/31/24	12/31/23
Consolidated
Current accident year reported losses greater    than $5 million			5	—	5	4	6	5	5	11		15		22
Current accident year reported losses    $2 million - $5 million			11	8	17	19	11	5	19	16		35		49
Prior accident year reported losses on    large losses			9	7	14	3	7	3	16	10		13		27
Non-Catastrophe reported losses on       large losses total			25	15	36	26	24	13	40	37		63		98
Commercial Lines
Current accident year reported losses greater    than $5 million			5	—	5	3	4	4	5	8		11		17
Current accident year reported losses    $2 million - $5 million			4	4	13	11	9	4	8	13		24		35
Prior accident year reported losses on    large losses			9	4	14	3	7	2	13	9		12		26
Non-Catastrophe reported losses on       large losses total			18	8	32	17	20	10	26	30		47		78
Personal Lines
Current accident year reported losses greater    than $5 million			—	—	—	1	2	1	—	3		4		5
Current accident year reported losses    $2 million - $5 million			6	4	4	8	2	1	10	3		11		14
Prior accident year reported losses on    large losses			—	3	—	—	—	1	3	1		1		1
Non-Catastrophe reported losses on       large losses total			6	7	4	9	4	3	13	7		16		20
Excess & Surplus Lines
Current accident year reported losses greater    than $5 million			—	—	—	—	—	—	—	—		—		—
Current accident year reported losses    $2 million - $5 million			1	—	—	—	—	—	1	—		—		—
Prior accident year reported losses on    large losses			—	—	—	—	—	—	—	—		—		—
Non-Catastrophe reported losses on       large losses total			1	—	—	—	—	—	1	—		—		—
*The sum of quarterly amounts may not equal the full year as each is computed independently.

CINF Second-Quarter 2024 Supplemental Financial Data

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Quarterly Property Casualty Data - Commercial Lines
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Commercial casualty:
Net written premiums			$	391		$	417		$	361		$	331		$	378		$	404		$	808		$	782			$	1,114			$	1,475
Year over year change %- written premium			3		%	3		%	2		%	2		%	1		%	4		%	3		%	2		%		2		%		2		%
Earned premiums			$	372		$	365		$	366		$	365		$	373		$	377		$	737		$	750			$	1,115			$	1,481
Current accident year before catastrophe losses			69.6		%	73.6		%	69.6		%	68.3		%	70.5		%	72.6		%	71.6		%	71.6		%		70.5		%		70.3		%
Current accident year catastrophe losses			—			—			—			—			—			—			—			—				—				—
Prior accident years before catastrophe losses			7.6			0.1			14.0			—			(9.2)			(0.3)			3.9			(4.8)				(3.2)				1.0
Prior accident years catastrophe losses			—			—			—			—			—			—			—			—				—				—
Total loss and loss expense ratio			77.2		%	73.7		%	83.6		%	68.3		%	61.3		%	72.3		%	75.5		%	66.8		%		67.3		%		71.3		%
Commercial property:
Net written premiums			$	392		$	362		$	338		$	344		$	335		$	316		$	754		$	650			$	994			$	1,332
Year over year change %- written premium			17		%	15		%	14		%	11		%	9		%	6		%	16		%	7		%		9		%		10		%
Earned premiums			$	348		$	336		$	331		$	321		$	312		$	299		$	684		$	611			$	933			$	1,264
Current accident year before catastrophe losses			45.7		%	48.5		%	44.4		%	45.2		%	43.4		%	49.0		%	47.0		%	46.1		%		45.8		%		45.5		%
Current accident year catastrophe losses			28.9			21.3			5.0			23.0			35.0			34.7			25.2			34.9				30.8				24.0
Prior accident years before catastrophe losses			(3.9)			(4.2)			(3.2)			(2.8)			(1.5)			(7.8)			(4.0)			(4.6)				(4.0)				(3.8)
Prior accident years catastrophe losses			(2.1)			(2.5)			(2.6)			(0.5)			(1.4)			2.4			(2.3)			0.5				0.2				(0.6)
Total loss and loss expense ratio			68.6		%	63.1		%	43.6		%	64.9		%	75.5		%	78.3		%	65.9		%	76.9		%		72.8		%		65.1		%
Commercial auto:
Net written premiums			$	248		$	259		$	207		$	199		$	233		$	239		$	506		$	472			$	671			$	878
Year over year change %- written premium			6		%	8		%	3		%	3		%	3		%	1		%	7		%	2		%		2		%		2		%
Earned premiums			$	228		$	220		$	218		$	216		$	214		$	213		$	448		$	428			$	644			$	862
Current accident year before catastrophe losses			67.9		%	70.0		%	65.0		%	70.1		%	68.3		%	73.5		%	68.9		%	70.9		%		70.6		%		69.2		%
Current accident year catastrophe losses			4.4			1.6			(1.1)			(0.8)			6.7			0.9			3.0			3.8				2.3				1.5
Prior accident years before catastrophe losses			(3.8)			(0.8)			(2.6)			0.7			(1.4)			2.7			(2.4)			0.7				0.6				(0.2)
Prior accident years catastrophe losses			—			(0.1)			—			—			(0.3)			(1.5)			—			(1.0)				(0.6)				(0.5)
Total loss and loss expense ratio			68.5		%	70.7		%	61.3		%	70.0		%	73.3		%	75.6		%	69.5		%	74.4		%		72.9		%		70.0		%
Workers' compensation:
Net written premiums			$	55		$	79		$	57		$	57		$	65		$	82		$	134		$	147			$	203			$	260
Year over year change %- written premium			(15)		%	(4)		%	(11)		%	(5)		%	(6)		%	(5)		%	(9)		%	(5)		%		(5)		%		(6)		%
Earned premiums			$	59		$	61		$	65		$	66		$	72		$	74		$	120		$	146			$	212			$	277
Current accident year before catastrophe losses			86.5		%	91.5		%	87.2		%	90.3		%	90.0		%	83.2		%	89.0		%	86.5		%		87.7		%		87.6		%
Current accident year catastrophe losses			—			—			—			—			—			—			—			—				—				—
Prior accident years before catastrophe losses			(46.9)			(19.3)			(31.1)			(30.7)			(15.4)			(19.6)			(32.9)			(17.5)				(21.6)				(23.9)
Prior accident years catastrophe losses			—			—			—			—			—			—			—			—				—				—
Total loss and loss expense ratio			39.6		%	72.2		%	56.1		%	59.6		%	74.6		%	63.6		%	56.1		%	69.0		%		66.1		%		63.7		%
Other commercial:
Net written premiums			$	100		$	106		$	97		$	98		$	95		$	100		$	207		$	196			$	294			$	391
Year over year change %- written premium			5		%	6		%	5		%	3		%	2		%	15		%	6		%	9		%		7		%		7		%
Earned premiums			$	100		$	100		$	100		$	94		$	95		$	93		$	200		$	187			$	280			$	380
Current accident year before catastrophe losses			40.7		%	40.5		%	34.5		%	39.1		%	35.2		%	38.1		%	40.6		%	36.6		%		37.4		%		36.7		%
Current accident year catastrophe losses			—			0.1			—			0.2			0.1			—			0.1			0.1				0.1				0.1
Prior accident years before catastrophe losses			0.2			(2.8)			(4.0)			(5.8)			(0.8)			(2.5)			(1.3)			(1.6)				(3.0)				(3.3)
Prior accident years catastrophe losses			0.1			0.1			0.1			—			—			(0.1)			0.1			(0.1)				—				—
Total loss and loss expense ratio			41.0		%	37.9		%	30.6		%	33.5		%	34.5		%	35.5		%	39.5		%	35.0		%		34.5		%		33.5		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.

CINF Second-Quarter 2024 Supplemental Financial Data

9

Quarterly Property Casualty Data - Personal Lines
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Personal auto:
Net written premiums			$	283		$	216		$	207		$	227		$	212		$	163		$	499		$	374			$	602			$	809
Year over year change %- written premium			33		%	33		%	31		%	27		%	20		%	16		%	33		%	18		%		21		%		24		%
Earned premiums			$	224		$	208		$	197		$	185		$	173		$	166		$	432		$	339			$	524			$	721
Current accident year before catastrophe losses			73.3		%	73.8		%	66.7		%	73.2		%	76.6		%	78.8		%	73.5		%	77.7		%		76.0		%		73.6		%
Current accident year catastrophe losses			3.6			3.4			(1.1)			(3.4)			8.9			4.2			3.5			6.6				3.1				1.9
Prior accident years before catastrophe losses			5.3			(1.9)			(1.3)			—			(4.1)			0.3			1.9			(1.9)				(1.2)				(1.3)
Prior accident years catastrophe losses			(0.1)			(0.7)			—			(0.1)			(0.7)			(2.7)			(0.4)			(1.7)				(1.1)				(0.8)
Total loss and loss expense ratio			82.1		%	74.6		%	64.3		%	69.7		%	80.7		%	80.6		%	78.5		%	80.7		%		76.8		%		73.4		%
Homeowner:
Net written premiums			$	433		$	303		$	298		$	339		$	330		$	222		$	736		$	552			$	890			$	1,188
Year over year change %- written premium			31		%	36		%	32		%	33		%	27		%	23		%	33		%	25		%		28		%		29		%
Earned premiums			$	326		$	303		$	289		$	271		$	251		$	232		$	629		$	484			$	755			$	1,044
Current accident year before catastrophe losses			42.2		%	46.9		%	42.2		%	45.0		%	47.4		%	46.5		%	44.4		%	46.9		%		46.3		%		45.1		%
Current accident year catastrophe losses			38.5			21.0			9.2			30.2			33.5			56.1			30.1			44.4				39.3				31.0
Prior accident years before catastrophe losses			1.2			(2.0)			(2.5)			(1.0)			0.7			(2.6)			(0.3)			(0.8)				(0.9)				(1.4)
Prior accident years catastrophe losses			(1.7)			(6.3)			(0.8)			(2.1)			(3.9)			(9.1)			(4.0)			(6.4)				(4.9)				(3.7)
Total loss and loss expense ratio			80.2		%	59.6		%	48.1		%	72.1		%	77.7		%	90.9		%	70.2		%	84.1		%		79.8		%		71.0		%
Other personal:
Net written premiums			$	103		$	76		$	74		$	80		$	87		$	63		$	179		$	151			$	231			$	305
Year over year change %- written premium			18		%	21		%	21		%	18		%	19		%	19		%	19		%	19		%		18		%		19		%
Earned premiums			$	81		$	77		$	74		$	71		$	69		$	66		$	158		$	134			$	205			$	279
Current accident year before catastrophe losses			54.6		%	57.4		%	48.3		%	55.7		%	56.7		%	58.9		%	56.0		%	57.7		%		57.1		%		54.7		%
Current accident year catastrophe losses			5.3			2.3			1.8			5.4			11.7			3.5			3.8			7.7				6.9				5.6
Prior accident years before catastrophe losses			(5.8)			(2.6)			2.2			1.0			2.3			(1.2)			(4.3)			0.6				0.7				1.1
Prior accident years catastrophe losses			0.2			(0.3)			(0.1)			(0.4)			0.7			1.3			—			1.0				0.5				0.3
Total loss and loss expense ratio			54.3		%	56.8		%	52.2		%	61.7		%	71.4		%	62.5		%	55.5		%	67.0		%		65.2		%		61.7		%
Quarterly Property Casualty Data - Excess & Surplus Lines
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Excess & Surplus:
Net written premiums			$	180		$	146		$	150		$	128		$	156		$	136		$	326		$	292			$	420			$	570
Year over year change %- written premium			15		%	7		%	23		%	6		%	16		%	10		%	12		%	13		%		11		%		14		%
Earned premiums			$	151		$	139		$	148		$	135		$	132		$	127		$	290		$	259			$	394			$	542
Current accident year before catastrophe losses			64.0		%	65.7		%	60.5		%	64.8		%	69.7		%	69.2		%	64.8		%	69.5		%		67.9		%		65.9		%
Current accident year catastrophe losses			1.4			0.9			0.5			(0.6)			1.4			1.5			1.2			1.4				0.8				0.7
Prior accident years before catastrophe losses			1.6			(1.7)			1.4			0.9			(4.7)			(6.2)			—			(5.4)				(3.3)				(2.0)
Prior accident years catastrophe losses			0.5			(0.4)			0.2			(0.2)			—			(0.3)			—			(0.1)				(0.2)				(0.1)
Total loss and loss expense ratio			67.5		%	64.5		%	62.6		%	64.9		%	66.4		%	64.2		%	66.0		%	65.4		%		65.2		%		64.5		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.

CINF Second-Quarter 2024 Supplemental Financial Data

10

Consolidated Property Casualty Loss and Loss Expense Analysis
(Dollars in millions)							Change in		Change in		Change in		Total						Loss
	Paid		Paid loss		Total		case		IBNR		loss expense		change in		Case		IBNR		expense		Total
	losses		expense		paid		reserves		reserves		reserves		reserves		incurred		incurred		incurred		incurred
Gross loss and loss expense incurred for the six months ended June 30, 2024
Commercial casualty	$	273	$	100	$	373	$	64	$	115	$	7	$	186	$	337	$	115	$	107	$	559
Commercial property	346		39		385		(43)		95		9		61		303		95		48		446
Commercial auto	218		44		262		8		38		4		50		226		38		48		312
Workers' compensation	63		16		79		(34)		27		(4)		(11)		29		27		12		68
Other commercial	63		10		73		8		10		(10)		8		71		10		—		81
Total commercial lines	963		209		1,172		3		285		6		294		966		285		215		1,466
Personal auto	238		51		289		25		18		6		49		263		18		57		338
Homeowners	310		46		356		29		46		11		86		339		46		57		442
Other personal	76		5		81		(6)		12		1		7		70		12		6		88
Total personal lines	624		102		726		48		76		18		142		672		76		120		868
Excess & surplus lines	100		35		135		(2)		49		17		64		98		49		52		199
Other	126		6		132		(16)		35		—		19		110		35		6		151
Total property casualty	$	1,813	$	352	$	2,165	$	33	$	445	$	41	$	519	$	1,846	$	445	$	393	$	2,684
Ceded loss and loss expense incurred for the six months ended June 30, 2024
Commercial casualty	$	(5)	$	1	$	(4)	$	9	$	(1)	$	(1)	$	7	$	4	$	(1)	$	—	$	3
Commercial property	12		—		12		(17)		(1)		—		(18)		(5)		(1)		—		(6)
Commercial auto	—		—		—		—		—		—		—		—		—		—		—
Workers' compensation	3		—		3		(1)		(1)		—		(2)		2		(1)		—		1
Other commercial	12		1		13		(11)		1		—		(10)		1		1		1		3
Total commercial lines	22		2		24		(20)		(2)		(1)		(23)		2		(2)		1		1
Personal auto	1		—		1		(1)		(1)		—		(2)		—		(1)		—		(1)
Homeowners	5		—		5		(3)		(1)		—		(4)		2		(1)		—		1
Other personal	—		—		—		—		—		—		—		—		—		—		—
Total personal lines	6		—		6		(4)		(2)		—		(6)		2		(2)		—		—
Excess & surplus lines	14		1		15		(8)		—		—		(8)		6		—		1		7
Other	16		—		16		(7)		(15)		—		(22)		9		(15)		—		(6)
Total property casualty	$	58	$	3	$	61	$	(39)	$	(19)	$	(1)	$	(59)	$	19	$	(19)	$	2	$	2
Net loss and loss expense incurred for the six months ended June 30, 2024
Commercial casualty	$	278	$	99	$	377	$	55	$	116	$	8	$	179	$	333	$	116	$	107	$	556
Commercial property	334		39		373		(26)		96		9		79		308		96		48		452
Commercial auto	218		44		262		8		38		4		50		226		38		48		312
Workers' compensation	60		16		76		(33)		28		(4)		(9)		27		28		12		67
Other commercial	51		9		60		19		9		(10)		18		70		9		(1)		78
Total commercial lines	941		207		1,148		23		287		7		317		964		287		214		1,465
Personal auto	237		51		288		26		19		6		51		263		19		57		339
Homeowners	305		46		351		32		47		11		90		337		47		57		441
Other personal	76		5		81		(6)		12		1		7		70		12		6		88
Total personal lines	618		102		720		52		78		18		148		670		78		120		868
Excess & surplus lines	86		34		120		6		49		17		72		92		49		51		192
Other	110		6		116		(9)		50		—		41		101		50		6		157
Total property casualty	$	1,755	$	349	$	2,104	$	72	$	464	$	42	$	578	$	1,827	$	464	$	391	$	2,682
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Other data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Second-Quarter 2024 Supplemental Financial Data

11

Consolidated Property Casualty Loss and Loss Expense Analysis
(Dollars in millions)							Change in		Change in		Change in		Total						Loss
	Paid		Paid loss		Total		case		IBNR		loss expense		change in		Case		IBNR		expense		Total
	losses		expense		paid		reserves		reserves		reserves		reserves		incurred		incurred		incurred		incurred
Gross loss and loss expense incurred for the three months ended June 30, 2024
Commercial casualty	$	140	$	50	$	190	$	44	$	48	$	4	$	96	$	184	$	48	$	54	$	286
Commercial property	170		18		188		(8)		46		9		47		162		46		27		235
Commercial auto	99		22		121		17		16		2		35		116		16		24		156
Workers' compensation	30		8		38		(16)		5		(3)		(14)		14		5		5		24
Other commercial	28		5		33		14		6		(9)		11		42		6		(4)		44
Total commercial lines	467		103		570		51		121		3		175		518		121		106		745
Personal auto	125		26		151		18		12		4		34		143		12		30		185
Homeowners	171		23		194		22		35		10		67		193		35		33		261
Other personal	42		2		44		(7)		6		1		—		35		6		3		44
Total personal lines	338		51		389		33		53		15		101		371		53		66		490
Excess & surplus lines	51		16		67		9		18		12		39		60		18		28		106
Other	69		4		73		(2)		3		—		1		67		3		4		74
Total property casualty	$	925	$	174	$	1,099	$	91	$	195	$	30	$	316	$	1,016	$	195	$	204	$	1,415
Ceded loss and loss expense incurred for the three months ended June 30, 2024
Commercial casualty	$	(4)	$	—	$	(4)	$	3	$	—	$	—	$	3	$	(1)	$	—	$	—	$	(1)
Commercial property	5		—		5		(9)		1		—		(8)		(4)		1		—		(3)
Commercial auto	1		—		1		—		—		—		—		1		—		—		1
Workers' compensation	1		—		1		—		(1)		—		(1)		1		(1)		—		—
Other commercial	4		—		4		(3)		1		—		(2)		1		1		—		2
Total commercial lines	7		—		7		(9)		1		—		(8)		(2)		1		—		(1)
Personal auto	1		—		1		(1)		—		—		(1)		—		—		—		—
Homeowners	2		—		2		(2)		—		—		(2)		—		—		—		—
Other personal	—		—		—		—		1		—		1		—		1		—		1
Total personal lines	3		—		3		(3)		1		—		(2)		—		1		—		1
Excess & surplus lines	10		—		10		(6)		—		—		(6)		4		—		—		4
Other	12		—		12		(5)		(8)		—		(13)		7		(8)		—		(1)
Total property casualty	$	32	$	—	$	32	$	(23)	$	(6)	$	—	$	(29)	$	9	$	(6)	$	—	$	3
Net loss and loss expense incurred for the three months ended June 30, 2024
Commercial casualty	$	144	$	50	$	194	$	41	$	48	$	4	$	93	$	185	$	48	$	54	$	287
Commercial property	165		18		183		1		45		9		55		166		45		27		238
Commercial auto	98		22		120		17		16		2		35		115		16		24		155
Workers' compensation	29		8		37		(16)		6		(3)		(13)		13		6		5		24
Other commercial	24		5		29		17		5		(9)		13		41		5		(4)		42
Total commercial lines	460		103		563		60		120		3		183		520		120		106		746
Personal auto	124		26		150		19		12		4		35		143		12		30		185
Homeowners	169		23		192		24		35		10		69		193		35		33		261
Other personal	42		2		44		(7)		5		1		(1)		35		5		3		43
Total personal lines	335		51		386		36		52		15		103		371		52		66		489
Excess & surplus lines	41		16		57		15		18		12		45		56		18		28		102
Other	57		4		61		3		11		—		14		60		11		4		75
Total property casualty	$	893	$	174	$	1,067	$	114	$	201	$	30	$	345	$	1,007	$	201	$	204	$	1,412
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Other data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Second-Quarter 2024 Supplemental Financial Data

12

Quarterly Property Casualty Data - Consolidated
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Premiums
Agency renewal written premiums			$	1,843		$	1,683		$	1,534		$	1,549		$	1,643		$	1,535		$	3,526		$	3,178			$	4,727			$	6,261
Agency new business written premiums			407			346			310			313			303			251			753			554				867				1,177
Other written premiums			209			219			76			95			204			233			428			437				532				608
Net written premiums			$	2,459		$	2,248		$	1,920		$	1,957		$	2,150		$	2,019		$	4,707		$	4,169			$	6,126			$	8,046
Unearned premium change			(384)			(256)			64			—			(287)			(178)			(640)			(465)				(465)				(401)
Earned premiums			$	2,075		$	1,992		$	1,984		$	1,957		$	1,863		$	1,841		$	4,067		$	3,704			$	5,661			$	7,645
Year over year change %
Agency renewal written premiums			12		%	10		%	10		%	11		%	11		%	10		%	11		%	10		%		11		%		11		%
Agency new business written premiums			34			38			30			19			6			3			36			5				9				14
Other written premiums			2			(6)			27			(1)			4			(10)			(2)			(4)				(3)				—
Net written premiums			14			11			13			12			9			6			13			8				9				10
Paid losses and loss expenses
Losses paid			$	893		$	861		$	933		$	907		$	924		$	893		$	1,755		$	1,816			$	2,723			$	3,656
Loss expenses paid			174			176			158			151			157			153			349			311				462				620
Loss and loss expenses paid			$	1,067		$	1,037		$	1,091		$	1,058		$	1,081		$	1,046		$	2,104		$	2,127			$	3,185			$	4,276
Incurred losses and loss expenses
Loss and loss expense incurred			$	1,412		$	1,270		$	1,118		$	1,261		$	1,262		$	1,317		$	2,682		$	2,579			$	3,840			$	4,958
Loss and loss expenses paid as a % of incurred			75.6		%	81.7		%	97.6		%	83.9		%	85.7		%	79.4		%	78.4		%	82.5		%		82.9		%		86.2		%
Statutory combined ratio
Loss ratio			59.1		%	55.2		%	47.8		%	54.9		%	58.3		%	60.5		%	57.2		%	59.4		%		57.8		%		55.3		%
Loss adjustment expense ratio			10.1			9.6			10.3			10.3			9.7			11.6			9.8			10.7				10.6				10.5
Net underwriting expense ratio			27.7			27.5			31.3			29.1			27.7			27.5			27.6			27.6				28.1				28.8
US Statutory combined ratio			96.9		%	92.3		%	89.4		%	94.3		%	95.7		%	99.6		%	94.6		%	97.7		%		96.5		%		94.6		%
Contribution from catastrophe losses			11.6			6.1			1.8			8.7			12.3			12.7			8.9			12.5				11.2				8.8
Statutory combined ratio excl. catastrophe losses			85.3		%	86.2		%	87.6		%	85.6		%	83.4		%	86.9		%	85.7		%	85.2		%		85.3		%		85.8		%
GAAP combined ratio
GAAP combined ratio			98.5		%	93.6		%	87.5		%	94.4		%	97.6		%	100.7		%	96.1		%	99.2		%		97.5		%		94.9		%
Contribution from catastrophe losses			11.2			5.9			1.3			9.1			12.0			12.8			8.6			12.4				11.3				8.7
GAAP combined ratio excl. catastrophe losses			87.3		%	87.7		%	86.2		%	85.3		%	85.6		%	87.9		%	87.5		%	86.8		%		86.2		%		86.2		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed  independently. *nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. Statutory ratios exclude the results of Cincinnati Global. Consolidated property casualty data includes the results of Cincinnati Re and Cincinnati Global.

CINF Second-Quarter 2024 Supplemental Financial Data

13

Quarterly Property Casualty Data - Commercial Lines
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Premiums
Agency renewal written premiums			$	1,023		$	1,076		$	936		$	914		$	985		$	1,041		$	2,099		$	2,026			$	2,940			$	3,876
Agency new business written premiums			193			182			153			148			149			134			375			283				431				584
Other written premiums			(30)			(35)			(29)			(33)			(28)			(34)			(65)			(62)				(95)				(124)
Net written premiums			$	1,186		$	1,223		$	1,060		$	1,029		$	1,106		$	1,141		$	2,409		$	2,247			$	3,276			$	4,336
Unearned premium change			(79)			(141)			20			33			(40)			(85)			(220)			(125)				(92)				(72)
Earned premiums			$	1,107		$	1,082		$	1,080		$	1,062		$	1,066		$	1,056		$	2,189		$	2,122			$	3,184			$	4,264
Year over year change %
Agency renewal written premiums			4		%	3		%	3		%	6		%	5		%	7		%	4		%	6		%		6		%		6		%
Agency new business written premiums			30			36			18			(1)			(10)			(14)			33			(12)				(8)				(3)
Other written premiums			(7)			(3)			6			(32)			(4)			(13)			(5)			(9)				(16)				(10)
Net written premiums			7			7			5			5			3			4			7			4				4				4
Paid losses and loss expenses
Losses paid			$	460		$	479		$	549		$	490		$	550		$	513		$	941		$	1,063			$	1,552			$	2,101
Loss expenses paid			103			106			93			92			96			97			207			193				285				379
Loss and loss expenses paid			$	563		$	585		$	642		$	582		$	646		$	610		$	1,148		$	1,256			$	1,837			$	2,480
Incurred losses and loss expenses
Loss and loss expense incurred			$	746		$	719		$	651		$	680		$	708		$	748		$	1,465		$	1,456			$	2,136			$	2,787
Loss and loss expenses paid as a % of incurred			75.5		%	81.4		%	98.6		%	85.6		%	91.2		%	81.6		%	78.4		%	86.3		%		86.0		%		89.0		%
Statutory combined ratio
Loss ratio			57.8		%	56.5		%	48.9		%	53.4		%	56.5		%	57.9		%	57.2		%	57.2		%		55.9		%		54.1		%
Loss adjustment expense ratio			9.6			9.9			11.4			10.6			9.9			12.9			9.7			11.4				11.2				11.2
Net underwriting expense ratio			29.9			27.4			32.6			31.8			29.4			27.7			28.7			28.5				29.5				30.3
Statutory combined ratio			97.3		%	93.8		%	92.9		%	95.8		%	95.8		%	98.5		%	95.6		%	97.1		%		96.6		%		95.6		%
Contribution from catastrophe losses			9.3			6.2			0.5			6.7			11.1			10.4			7.8			10.7				9.4				7.2
Statutory combined ratio excl. catastrophe losses			88.0		%	87.6		%	92.4		%	89.1		%	84.7		%	88.1		%	87.8		%	86.4		%		87.2		%		88.4		%
GAAP combined ratio
GAAP combined ratio			99.1		%	96.5		%	92.2		%	95.2		%	96.9		%	100.4		%	97.9		%	98.6		%		97.5		%		96.2		%
Contribution from catastrophe losses			9.3			6.2			0.5			6.7			11.1			10.4			7.8			10.7				9.4				7.2
GAAP combined ratio excl. catastrophe losses			89.8		%	90.3		%	91.7		%	88.5		%	85.8		%	90.0		%	90.1		%	87.9		%		88.1		%		89.0		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed  independently. *nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Second-Quarter 2024 Supplemental Financial Data

14

Quarterly Property Casualty Data - Personal Lines
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Premiums
Agency renewal written premiums			$	681		$	494		$	486		$	542		$	541		$	388		$	1,175		$	929			$	1,471			$	1,957
Agency new business written premiums			163			122			109			122			106			79			285			185				307				416
Other written premiums			(25)			(21)			(16)			(18)			(18)			(19)			(46)			(37)				(55)				(71)
Net written premiums			$	819		$	595		$	579		$	646		$	629		$	448		$	1,414		$	1,077			$	1,723			$	2,302
Unearned premium change			(188)			(7)			(19)			(119)			(136)			16			(195)			(120)				(239)				(258)
Earned premiums			$	631		$	588		$	560		$	527		$	493		$	464		$	1,219		$	957			$	1,484			$	2,044
Year over year change %
Agency renewal written premiums			26		%	27		%	24		%	24		%	24		%	17		%	26		%	20		%		22		%		22		%
Agency new business written premiums			54			54			45			51			20			52			54			32				39				41
Other written premiums			(39)			(11)			30			(13)			(13)			(73)			(24)			(37)				(28)				(8)
Net written premiums			30			33			30			29			23			20			31			22				24				26
Paid losses and loss expenses
Losses paid			$	335		$	282		$	277		$	324		$	298		$	288		$	618		$	585			$	909			$	1,185
Loss expenses paid			51			51			45			39			44			40			102			85				123				168
Loss and loss expenses paid			$	386		$	333		$	322		$	363		$	342		$	328		$	720		$	670			$	1,032			$	1,353
Incurred losses and loss expenses
Loss and loss expense incurred			$	489		$	379		$	304		$	368		$	384		$	386		$	868		$	770			$	1,138			$	1,442
Loss and loss expenses paid as a % of incurred			78.9		%	87.9		%	105.9		%	98.6		%	89.1		%	85.0		%	82.9		%	87.0		%		90.7		%		93.8		%
Statutory combined ratio
Loss ratio			67.1		%	55.2		%	45.9		%	60.7		%	68.3		%	73.6		%	61.3		%	70.9		%		67.3		%		61.4		%
Loss adjustment expense ratio			10.5			9.3			8.4			9.2			9.6			9.6			9.9			9.6				9.4				9.2
Net underwriting expense ratio			25.2			29.6			30.0			26.3			25.5			30.0			27.1			27.4				27.0				27.7
Statutory combined ratio			102.8		%	94.1		%	84.3		%	96.2		%	103.4		%	113.2		%	98.3		%	107.9		%		103.7		%		98.3		%
Contribution from catastrophe losses			20.9			8.8			4.2			13.9			19.7			24.7			15.0			22.1				19.2				15.1
Statutory combined ratio excl. catastrophe losses			81.9		%	85.3		%	80.1		%	82.3		%	83.7		%	88.5		%	83.3		%	85.8		%		84.5		%		83.2		%
GAAP combined ratio
GAAP combined ratio			106.9		%	93.9		%	84.7		%	99.9		%	107.6		%	112.5		%	100.6		%	110.0		%		106.4		%		100.4		%
Contribution from catastrophe losses			20.9			8.8			4.2			13.9			19.7			24.7			15.0			22.1				19.2				15.1
GAAP combined ratio excl. catastrophe losses			86.0		%	85.1		%	80.5		%	86.0		%	87.9		%	87.8		%	85.6		%	87.9		%		87.2		%		85.3		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed  independently. *nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Second-Quarter 2024 Supplemental Financial Data

15

Quarterly Property Casualty Data - Excess & Surplus Lines
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Premiums
Agency renewal written premiums			$	139		$	113		$	112		$	93		$	117		$	106		$	252		$	223			$	316			$	428
Agency new business written premiums			51			42			48			43			48			38			93			86				129				177
Other written premiums			(10)			(9)			(10)			(8)			(9)			(8)			(19)			(17)				(25)				(35)
Net written premiums			$	180		$	146		$	150		$	128		$	156		$	136		$	326		$	292			$	420			$	570
Unearned premium change			(29)			(7)			(2)			7			(24)			(9)			(36)			(33)				(26)				(28)
Earned premiums			$	151		$	139		$	148		$	135		$	132		$	127		$	290		$	259			$	394			$	542
Year over year change %
Agency renewal written premiums			19		%	7		%	18		%	—		%	6		%	13		%	13		%	9		%		6		%		9		%
Agency new business written premiums			6			11			45			26			45			6			8			25				25				30
Other written premiums			(11)			(13)			(67)			(33)			(13)			(33)			(12)			(21)				(25)				(35)
Net written premiums			15			7			23			6			16			10			12			13				11				14
Paid losses and loss expenses
Losses paid			$	41		$	46		$	34		$	33		$	29		$	28		$	86		$	56			$	90			$	124
Loss expenses paid			16			17			17			16			14			12			34			27				43				59
Loss and loss expenses paid			$	57		$	63		$	51		$	49		$	43		$	40		$	120		$	83			$	133			$	183
Incurred losses and loss expenses
Loss and loss expense incurred			$	102		$	90		$	93		$	87		$	89		$	81		$	192		$	170			$	257			$	350
Loss and loss expenses paid as a % of incurred			55.9		%	70.0		%	54.8		%	56.3		%	48.3		%	49.4		%	62.5		%	48.8		%		51.8		%		52.3		%
Statutory combined ratio
Loss ratio			48.6		%	48.9		%	46.2		%	44.2		%	49.6		%	44.3		%	48.7		%	47.0		%		46.1		%		46.1		%
Loss adjustment expense ratio			19.0			15.6			16.5			20.6			16.9			19.9			17.4			18.4				19.1				18.4
Net underwriting expense ratio			26.0			26.0			27.7			26.6			24.3			24.4			26.0			24.4				25.1				25.7
Statutory combined ratio			93.6		%	90.5		%	90.4		%	91.4		%	90.8		%	88.6		%	92.1		%	89.8		%		90.3		%		90.2		%
Contribution from catastrophe losses			1.9			0.5			0.7			(0.8)			1.4			1.2			1.2			1.3				0.6				0.6
Statutory combined ratio excl. catastrophe losses			91.7		%	90.0		%	89.7		%	92.2		%	89.4		%	87.4		%	90.9		%	88.5		%		89.7		%		89.6		%
GAAP combined ratio
GAAP combined ratio			95.4		%	91.9		%	89.8		%	90.5		%	92.2		%	89.9		%	93.7		%	91.1		%		90.9		%		90.6		%
Contribution from catastrophe losses			1.9			0.5			0.7			(0.8)			1.4			1.2			1.2			1.3				0.6				0.6
GAAP combined ratio excl. catastrophe losses			93.5		%	91.4		%	89.1		%	91.3		%	90.8		%	88.7		%	92.5		%	89.8		%		90.3		%		90.0		%
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed  independently. *nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Second-Quarter 2024 Supplemental Financial Data

16

Consolidated Cincinnati Insurance Companies
Statutory Statements of Income
	For the Three Months Ended June 30,							For the Six Months Ended June 30,
(Dollars in millions)	2024		2023		Change		% Change	2024		2023		Change		% Change
Underwriting income
Net premiums written	$	2,392	$	2,068	$	324	16	$	4,558	$	4,023	$	535	13
Unearned premium change	365		255		110		43	587		413		174		42
Earned premiums	$	2,027	$	1,813	$	214	12	$	3,971	$	3,610	$	361	10
Losses incurred	$	1,199	$	1,058	$	141	13	$	2,272	$	2,144	$	128	6
Defense and cost containment expenses incurred	93		76		17		22	172		177		(5)		(3)
Adjusting and other expenses incurred	110		101		9		9	216		209		7		3
Other underwriting expenses incurred	662		570		92		16	1,256		1,106		150		14
Workers compensation dividend incurred	1		1		—		—	3		3		—		—
Total underwriting deductions	$	2,065	$	1,806	$	259	14	$	3,919	$	3,639	$	280	8
Net underwriting profit (loss)	$	(38)	$	7	$	(45)	nm	$	52	$	(29)	$	81	nm
Investment income
Gross investment income earned	$	156	$	137	$	19	14	$	314	$	280	$	34	12
Net investment income earned	154		135		19		14	310		276		34		12
Net realized capital gains and losses, net	11		(24)		35		nm	48		(50)		98		nm
Net investment gains (net of tax)	$	165	$	111	$	54	49	$	358	$	226	$	132	58
Other income	$	1	$	1	$	—	—	$	3	$	3	$	—	—
Net income before federal income taxes	$	128	$	119	$	9	8	$	413	$	200	$	213	107
Federal and foreign income taxes incurred	31		32		(1)		(3)	59		35		24		69
Net income (statutory)	$	97	$	87	$	10	11	$	354	$	165	$	189	115
Policyholders' surplus - statutory	$	7,732	$	6,612	$	1,120	17	$	7,732	$	6,612	$	1,120	17
Fixed maturities at amortized cost - statutory	$	10,703	$	9,439	$	1,264	13	$	10,703	$	9,439	$	1,264	13
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. *nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Second-Quarter 2024 Supplemental Financial Data

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The Cincinnati Life Insurance Company
Statutory Statements of Income
	For the Three Months Ended June 30,							For the Six Months Ended June 30,
(Dollars in millions)	2024		2023		Change		% Change	2024		2023		Change		% Change
Net premiums written	$	94	$	97	$	(3)	(3)	$	179	$	183	$	(4)	(2)
Net investment income	47		45		2		4	94		91		3		3
Commissions and expense allowances on reinsurance ceded	1		1		—		—	2		2		—		—
Income from fees associated with separate accounts	2		3		(1)		(33)	3		5		(2)		(40)
Total revenues	$	144	$	146	$	(2)	(1)	$	278	$	281	$	(3)	(1)
Death benefits and matured endowments	$	42	$	36	$	6	17	$	85	$	79	$	6	8
Annuity benefits	28		35		(7)		(20)	68		74		(6)		(8)
Disability benefits and benefits under accident and health contracts	1		1		—		—	1		1		—		—
Surrender benefits and group conversions	9		7		2		29	17		14		3		21
Interest and adjustments on deposit-type contract funds	—		2		(2)		(100)	2		4		(2)		(50)
Increase in aggregate reserves for life and accident and health contracts	(5)		2		(7)		nm	(17)		(7)		(10)		(143)
Total benefit expenses	$	75	$	83	$	(8)	(10)	$	156	$	165	$	(9)	(5)
Commissions	$	13	$	13	$	—	—	$	25	$	25	$	—	—
General insurance expenses and taxes	16		15		1		7	30		27		3		11
Increase in loading on deferred and uncollected premiums	(1)		—		(1)		nm	—		1		(1)		(100)
Net transfers from separate accounts	(3)		(1)		(2)		(200)	(3)		(3)		—		—
Total underwriting expenses	$	25	$	27	$	(2)	(7)	$	52	$	50	$	2	4
Federal and foreign income taxes incurred	11		9		2		22	17		16		1		6
Net gain from operations before capital gains and losses	$	33	$	27	$	6	22	$	53	$	50	$	3	6
Gains and losses net of capital gains tax, net	(7)		(3)		(4)		(133)	(9)		(3)		(6)		(200)
Net income (statutory)	$	26	$	24	$	2	8	$	44	$	47	$	(3)	(6)
Policyholders' surplus - statutory	$	460	$	371	$	89	24	$	460	$	371	$	89	24
Fixed maturities at amortized cost - statutory	$	3,878	$	3,863	$	15	—	$	3,878	$	3,863	$	15	—
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. *nm - Not meaningful *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.

CINF Second-Quarter 2024 Supplemental Financial Data

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Quarterly Data - Other
(Dollars in millions)	Three months ended																				Six months ended						Nine months ended				Twelve months ended
	12/31/24	9/30/24	6/30/24			3/31/24			12/31/23			9/30/23			6/30/23			3/31/23			6/30/24			6/30/23			9/30/24	9/30/23			12/31/24	12/31/23
Cincinnati Re:
Net written premiums			$	207		$	202		$	66		$	85		$	177		$	230		$	409		$	407			$	492			$	558
Year over year change %- written premium			17		%	(12)		%	(1)		%	(1)		%	—		%	(9)		%	—		%	(6)		%		(5)		%		(5)		%
Earned premiums			$	138		$	135		$	123		$	134		$	122		$	150		$	273		$	272			$	406			$	529
Current accident year before catastrophe losses			49.6		%	63.0		%	42.6		%	51.5		%	57.8		%	45.2		%	56.3		%	50.9		%		51.1		%		49.1		%
Current accident year catastrophe losses			2.4			—			2.0			11.5			1.8			0.3			1.2			1.0				4.4				3.9
Prior accident years before catastrophe losses			(0.8)			(10.4)			4.6			(7.9)			(17.1)			6.0			(5.6)			(4.4)				(5.5)				(3.2)
Prior accident years catastrophe losses			(4.7)			—			1.0			2.0			1.9			1.7			(2.4)			1.8				1.9				1.7
Total loss and loss expense ratio			46.5		%	52.6		%	50.2		%	57.1		%	44.4		%	53.2		%	49.5		%	49.3		%		51.9		%		51.5		%
Cincinnati Global:
Net written premiums			$	67		$	82		$	65		$	69		$	82		$	64		$	149		$	146			$	215			$	280
Year over year change %- written premium			(18)		%	28		%	23		%	21		%	19		%	25		%	2		%	22		%		21		%		22		%
Earned premiums			$	48		$	48		$	73		$	99		$	50		$	44		$	96		$	94			$	193			$	266
Current accident year before catastrophe losses			47.9		%	48.2		%	24.6		%	34.1		%	61.7		%	35.3		%	48.1		%	49.3		%		41.5		%		36.9		%
Current accident year catastrophe losses			—			—			(8.4)			18.2			1.1			11.1			—			5.8				12.1				6.5
Prior accident years before catastrophe losses			(21.2)			(19.7)			(1.0)			(3.4)			(9.7)			0.8			(20.4)			(4.7)				(4.0)				(3.2)
Prior accident years catastrophe losses			(4.4)			(5.9)			(2.7)			(0.2)			2.5			2.4			(5.2)			2.4				1.1				—
Total loss and loss expense ratio			22.3		%	22.6		%	12.5		%	48.7		%	55.6		%	49.6		%	22.5		%	52.8		%		50.7		%		40.2		%
Noninsurance operations:
Interest and fees on loans and leases			$	2		$	2		$	3		$	2		$	1		$	2		$	4		$	3			$	5			$	8
Other revenue			2			1			2			1			1			1			3			2				3				5
Interest expense			14			13			14			13			13			14			27			27				40				54
Operating expenses			9			4			8			5			7			5			13			12				17				25
Total noninsurance operations loss			$	(19)		$	(14)		$	(17)		$	(15)		$	(18)		$	(16)		$	(33)		$	(34)			$	(49)			$	(66)
*Dollar amounts shown are in conformity with GAAP and rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.
*Noninsurance operations include the noninvestment operations of the parent company and a noninsurance subsidiary, CFC Investment Company.

CINF Second-Quarter 2024 Supplemental Financial Data

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