---
schema_version: "secwatch.filing_event.v1"
accession: "0000020286-23-000032"
form_type: "8-K"
ticker: "CINF"
cik: "0000020286"
company_name: "CINCINNATI FINANCIAL CORP"
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:37:43.944658+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cincinnati Financial estimates $235M Q1 catastrophe losses; combined ratio guided 99%-103%

## Summary
- Pretax catastrophe losses ~$235M, including $171M from three March tornado outbreaks in several states.
- Combined ratio impact of 12.8pp, well above 5-year historical Q1 average of 6.3pp.
- Property casualty combined ratio estimated at 99% to 103% for Q1 2023.
- Net written premium growth estimated at ~6% for the quarter.
- Commercial lines segment $110M; personal lines $115M; others aggregate ~$10M in catastrophe losses.

## SEC filing metadata
- accession: 0000020286-23-000032
- form_type: 8-K
- ticker: CINF
- cik: 0000020286
- company_name: CINCINNATI FINANCIAL CORP
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20286/000002028623000032/0000020286-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20286/000002028623000032/cinf-20230417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000020286-23-000032
- JSON: https://secwatch.observer/filing/0000020286-23-000032.json
- Plain text: https://secwatch.observer/filing/0000020286-23-000032.txt

## Key facts
- Earnings Releases
  CINCINNATI FINANCIAL CORP reported preliminary financial results for first-quarter 2023.
  - Period: first-quarter 2023
  - Result: preliminary results
  source text: The Cincinnati Insurance Company n The Cincinnati Indemnity Company The Cincinnati Casualty Company n The Cincinnati Specialty Underwriters Insurance Company The Cincinnati Life Insurance Company n CFC Investment Company n CSU Producer Resources Inc. Cincinnati Global Underwriting Ltd. n Cincinnati Global Underwriting Agency Ltd. Investor Contact : Dennis E. McDaniel, 513-870-2768 CINF-IR@cinfin.com Media Contact : Betsy E. Ertel, 513-603-5323 Media_Inquiries@cinfin.com Cincinnati Financial Corporation Announces Preliminary Estimate for First-Quarter Storm Losses Cincinnati, April 17, 2023 – Cincinnati Financial Corporation (Nasdaq: CINF) today announced that its consolidated first-quarter results are expected to include pretax catastrophe losses of approximately $235 million – representing an impact on the first-quarter 2023 combined ratio of approximately 12.8 percentage points, based on estimated property casualty earned premiums.
  evidence_url: https://www.sec.gov/Archives/edgar/data/20286/000002028623000032/0000020286-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.