{"schema_version":"secwatch.filing_event.v1","accession":"0000020286-22-000065","form_type":"8-K","ticker":"CINF","cik":"0000020286","company_name":"CINCINNATI FINANCIAL CORP","filed_at":"2022-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.071387+00:00","generated_at":"2026-06-22T21:58:20.589739+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cincinnati Financial reports Q3 net loss of $418M vs net income of $153M a year ago","bullets":["Net loss of $418M ($2.64 diluted) vs net income of $153M ($0.94) in Q3 2021, driven by $557M after-tax reduction in equity securities fair value.","Non-GAAP operating income fell 45% to $114M ($0.73) from $209M ($1.28); earned premiums up 13% to $1.882B.","Book value per share decreased to $60.01 from $73.49 at year-end 2021; nine-month value creation ratio negative 24%.","Cash dividend declared $0.69 per share, up 10% from $0.63 in Q3 2021.","After-tax property casualty underwriting income decreased $114M year-over-year."],"urls":{"canonical":"https://secwatch.observer/filing/0000020286-22-000065","json":"https://secwatch.observer/filing/0000020286-22-000065.json","markdown":"https://secwatch.observer/filing/0000020286-22-000065.md","text":"https://secwatch.observer/filing/0000020286-22-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20286/000002028622000065/0000020286-22-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20286/000002028622000065/cinf-20221031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T21:58:20.589739+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f32bc2218ab1b4a2d3cb4de0a9c90bfc609e392","claim":"CINCINNATI FINANCIAL CORP reported Three months ended September 30, 2022 results: revenue 1,408, net income ($418), EPS ($2.64).","evidence_excerpt":"Financial Highlights (Dollars in millions, except per share data) Three months ended September 30, Nine months ended September 30, 2022 2021 % Change 2022 2021 % Change Revenue Data Earned premiums $ 1,882 $ 1,669 13 $ 5,345 $ 4,806 11 Investment income, net of expenses 193 179 8 573 528 9 Total revenues 1,408 1,785 (21) 3,443 6,307 (45) Income Statement Data Net income (loss) $ (418) $ 153 nm $ (1,499) $ 1,476 nm Investment gains and losses, after-tax (532) (56) nm (1,970) 753 nm Non-GAAP operating income* $ 114 $ 209 (45) $ 471 $ 723 (35) Per Share Data (diluted) Net income (loss) $ (2.64) $ 0.94 nm $ (9.41) $ 9.07 nm Investment gains and losses, after-tax (3.37) (0.34) nm (12.37) 4.63 nm Non-GAAP operating income* $ 0.73 $ 1.28 (43) $ 2.96 $ 4.44 (33)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20286/000002028622000065/0000020286-22-000065-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three months ended September 30, 2022"},{"label":"Revenue","value":"1,408"},{"label":"Net income","value":"($418)"},{"label":"EPS","value":"($2.64)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"569f9f60de0939f8ff31921bece021a990a7dbf7","claim":"CINCINNATI FINANCIAL CORP reported Nine months ended September 30, 2022 results: revenue 3,443, net income ($1,499), EPS ($9.41).","evidence_excerpt":"Financial Highlights (Dollars in millions, except per share data) Three months ended September 30, Nine months ended September 30, 2022 2021 % Change 2022 2021 % Change Revenue Data Earned premiums $ 1,882 $ 1,669 13 $ 5,345 $ 4,806 11 Investment income, net of expenses 193 179 8 573 528 9 Total revenues 1,408 1,785 (21) 3,443 6,307 (45) Income Statement Data Net income (loss) $ (418) $ 153 nm $ (1,499) $ 1,476 nm Investment gains and losses, after-tax (532) (56) nm (1,970) 753 nm Non-GAAP operating income* $ 114 $ 209 (45) $ 471 $ 723 (35) Per Share Data (diluted) Net income (loss) $ (2.64) $ 0.94 nm $ (9.41) $ 9.07 nm Investment gains and losses, after-tax (3.37) (0.34) nm (12.37) 4.63 nm Non-GAAP operating income* $ 0.73 $ 1.28 (43) $ 2.96 $ 4.44 (33)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/20286/000002028622000065/0000020286-22-000065-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Nine months ended September 30, 2022"},{"label":"Revenue","value":"3,443"},{"label":"Net income","value":"($1,499)"},{"label":"EPS","value":"($9.41)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}