8-K

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 18, 2004

                        CINCINNATI FINANCIAL CORPORATION
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

            Ohio                        0-4604                   31-0746871
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(State or other jurisdiction          (Commission             (I.R.S. Employer
      of incorporation)               File Number)           Identification No.)

            6200 S. Gilmore Road, Fairfield, Ohio                45014-5141
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          (Address of principal executive offices)               (Zip Code)

Registrant's telephone number, including area code (513) 870-2000

- --------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13a-4(c))




Item 7.01 Regulation FD Disclosure.

On October 18, 2004, Cincinnati Financial Corporation issued the attached news
release "Cincinnati Financial Corporation Appoints Manager of Internal Audit."
The news release is furnished as Exhibit 99.1 hereto and is incorporated herein
by reference. This report should not be deemed an admission as to the
materiality of any information contained in the news release.

The information furnished in this report shall not be deemed "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that Section, nor shall such information
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

      Exhibit 99.1 - News release dated October 18, 2004, titled "Cincinnati
      Financial Corporation Appoints Manager of Internal Audit."




                                    Signature

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                CINCINNATI FINANCIAL CORPORATION

Date October 18, 2004

                                                /s/ Kenneth W. Stecher
                                                ----------------------
                                                Kenneth W. Stecher
                                                Chief Financial Officer, Senior
                                                Vice President, Secretary and
                                                Treasurer (Principal Accounting
                                                Officer)

EX-99.1

                                                                    Exhibit 99.1

     Cincinnati Financial Corporation Appoints Manager of Internal Audit

     * Donald J. Doyle, Jr., to report to board of directors

     * Internal Audit Officer Marc A. O'Dowd to retire in 2005

    CINCINNATI, Oct. 18 /PRNewswire-FirstCall/ -- Cincinnati Financial
Corporation (Nasdaq: CINF) announced today that on October 15, 2004, the audit
committee of the board of directors approved the appointment of Donald J.
Doyle, Jr., CPCU, AIM, to manage its internal audit department, effective
October 18, 2004.
    Doyle continues to serve as senior vice president in each of the company's
four insurance subsidiaries, positions to which he was promoted in February
2004. As manager of internal audit, he now reports functionally to the CFC
board through its audit committee and administratively to the CFC executive
department. During his 15-year tenure with the company, he has held previous
management positions in strategic planning, information technology and
personal lines underwriting. He earned a bachelor's degree from the College of
Mount St. Joseph and a Master of Business Administration degree from Xavier
University.
    Internal Audit Officer Marc A. O'Dowd, CPA, CPCU, has announced plans to
retire in the first half of 2005. O'Dowd established the company's internal
audit department in 1977, advancing to his current position in 1997.
    Chairman and Chief Executive Officer John J. Schiff, Jr., CPCU, commented,
"The board of directors and I truly appreciate Marc's leadership in the
evolution of the internal audit function, which is critical to our company's
accountability and integrity.
    "The department's scope of duties continues to expand beyond auditing
financial systems and controls. Current plans include taking on operational
audits and reducing outsourced work by adding an information systems auditor
position. As we achieve this management transition, Don's broad experience
within the company will help the department fulfill its mission, continuously
evaluating and improving the effectiveness of processes relating to risk
management and internal controls."
    Cincinnati Financial Corporation offers property and casualty insurance,
its main business, through The Cincinnati Insurance Company, The Cincinnati
Indemnity Company and The Cincinnati Casualty Company. The Cincinnati Life
Insurance Company markets life and disability income insurance and annuities.
CFC Investment Company supports the insurance subsidiaries and their
independent agent representatives through commercial leasing and financing
activities. CinFin Capital Management Company provides asset management
services to institutions, corporations and individuals. For additional
information, please visit the company's Web site at www.cinfin.com .

SOURCE  Cincinnati Financial Corporation
    -0-                             10/18/2004
    /CONTACT:  Investors, Heather J. Wietzel, +1-513-603-5950, or Media, Joan
O. Shevchik, +1-513-603-5323, both of Cincinnati Financial Corporation/
    /Web site:  http://www.cinfin.com /
    (CINF)

CO:  Cincinnati Financial Corporation
ST:  Ohio
IN:  FIN INS
SU:  PER