Company

Cincinnati Financial Corporation

Headquarters: Fairfield, OH, United States

Founded: Cincinnati, Ohio, U.S 1950

Employees: 5,166

CEO: Mr. Steven Justus Johnston C.F.A., CERA, CFA, FCAS, MAAA

NASDAQ: CINF -0.01%

Market Cap

$16.73 Billion

USD as of Jan. 1, 2024

history Market Cap History

Company Description

Cincinnati Financial Corporation is an insurance company primarily involved in property and casualty insurance. Founded in 1950, the Cincinnati Financial Corporation operates through its specialized subsidiaries in insurance, indemnity, casualty, life insurance, and underwriting. It is also involved in investments and financial support to other subsidiaries through the CFC Investment Company and asset management services with the CinFin Capital Management Company.

Cincinnati Financial Corporation market capitalization over time

Evolution of Cincinnati Financial Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Cincinnati Financial Corporation

Detailed Description

Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also provides director and officer liability insurance, contract and commercial surety bonds, and fidelity bonds; and machinery and equipment coverage. The Personal Lines Insurance segment offers personal auto insurance; homeowner insurance; and dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. The Excess and Surplus Lines Insurance segment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products; and commercial property insurance, which insures buildings, inventory, equipment, and business income from loss or damage due to various causes, such as fire, wind, hail, water, theft, and vandalism. The Life Insurance segment provides term life insurance products; universal life insurance products; worksite products, such as term life; and whole life insurance products. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, and redeemable preferred stocks; and equity investments comprising common and nonredeemable preferred stocks. The company also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.

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Stocks & Indices

Cincinnati Financial Corporation has the following listings and related stock indices.


Stock: NASDAQ: CINF wb_incandescent

Stock: Bovespa: CINF34 wb_incandescent

Stock: FSX: CCJ wb_incandescent

Product & Services

Property & Casualty Insurance; Life Insurance; Asset management

Key People

Founder(s): John J. Schiff Sr. Robert C. Schiff Sr.

Steven J. Johnston (CEO)

Financials

Revenue: US$7.536 Billion (Fiscal Year Ended 31 December 2020)

Operating income: US$1.499 Billion (Fiscal Year Ended 31 December 2020)

Net income: US$1.216 Billion (Fiscal Year Ended 31 December 2020)


Total assets: US$27.542 Billion (Fiscal Year Ended 31 December 2020)

Total equity: US$10.789 Billion (Fiscal Year Ended 31 December 2020)

Details

Headquarters:

6200 South Gilmore Road

Fairfield, OH 45014-5141

United States

Phone: 513-870-2000