Schedule I - Summary of Investments - Other than Investments in Related Parties

12 Months Ended

Dec. 31, 2011

Schedule I - Summary of Investments - Other than Investments in Related Parties

Schedule I

Cincinnati Financial Corporation and Subsidiaries

Summary of Investments - Other than Investments in Related Parties

(In millions)	At December 31, 2011
Type of investment	Cost or amortized cost		Fair value		Balance sheet
Fixed maturities:
United States government:
The Cincinnati Insurance Company	$	1	$	1	$	1
The Cincinnati Casualty Company		1		1		1
The Cincinnati Indemnity Company		1		1		1
The Cincinnati Life Insurance Company		3		4		4
Total		6		7		7
Government-sponsored enterprises:
The Cincinnati Insurance Company		5		5		5
The Cincinnati Life Insurance Company		154		155		155
Total		159		160		160
Foreign government:
The Cincinnati Insurance Company		3		3		3
Total		3		3		3
States, municipalities and political subdivisions:
The Cincinnati Insurance Company		2,497		2,694		2,694
The Cincinnati Casualty Company		138		148		148
The Cincinnati Indemnity Company		36		40		40
The Cincinnati Specialty Underwriters Insurance Company		130		144		144
CSU Producers Resources Inc.		1		1		1
The Cincinnati Life Insurance Company		204		225		225
Total		3,006		3,252		3,252
Convertibles and bonds with warrants attached:
The Cincinnati Insurance Company		50		50		50
The Cincinnati Life Insurance Company		4		4		4
Cincinnati Financial Corporation		5		5		5
Total		59		59		59
All other corporate bonds:
The Cincinnati Insurance Company		2,380		2,602		2,602
The Cincinnati Casualty Company		80		85		85
The Cincinnati Indemnity Company		20		22		22
The Cincinnati Specialty Underwriters Insurance Company		114		121		121
The Cincinnati Life Insurance Company		2,061		2,241		2,241
CSU Producers Resources Inc.		7		7		7
Cincinnati Financial Corporation		189		220		220
Total		4,851		5,298		5,298
Total fixed maturities	$	8,084	$	8,779	$	8,779

Schedule I (continued)

Cincinnati Financial Corporation and Subsidiaries

Summary of Investments - Other than Investments in Related Parties

(In millions)	At December 31, 2011
Type of investment	Cost or  amortized cost		Fair  value		Balance sheet
Equity securities:
Common stocks:
The Cincinnati Insurance Company	$	1,371	$	1,920	$	1,920
The Cincinnati Casualty Company		46		62		62
The Cincinnati Indemnity Company		13		16		16
The Cincinnati Specialty Underwriters Insurance Company		41		45		45
The Cincinnati Life Insurance Company		3		3		3
CSU Producers Resources Inc.		2		2		2
Cincinnati Financial Corporation		612		806		806
Total		2,088		2,854		2,854
Nonredeemable preferred stocks:
The Cincinnati Insurance Company		67		89		89
The Cincinnati Life Insurance Company		7		13		13
Total		74		102		102
Total equity securities	$	2,162	$	2,956	$	2,956
Other invested assets:
Policy loans:
The Cincinnati Life Insurance Company		37		—		37
Limited partnerships:
Cincinnati Financial Corporation		29		—		29
Total other invested assets	$	66		—	$	66
Total investments	$	10,312		—	$	11,801