OverviewSuggest Edit

Cincinnati Financial Corporation is a company specializing in property and casualty insurance. It operates in five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The company also offers commercial leasing and financing services, as well as insurance brokerage services.

TypePublic
Founded1950
HQFairfield, OH, US
Websitecinfin.com
Employee Ratings3.8
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)5,266(+3%)
Job Openings125
Revenue (FY, 2020)$7.5 B(-4%)
Share Price (Nov 2021)$122.1
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Cincinnati Financial Corporation

Steven Johnston

Steven Johnston

President, Chief Executive Officer and Director
Michael Sewell

Michael Sewell

Chief Financial Officer, Senior Vice President and Treasurer
Martin Hollenbeck

Martin Hollenbeck

Chief Investment Officer, Senior Vice President
Lisa A. Love

Lisa A. Love

Senior Vice President, General Counsel and Corporate Secretary
Kenneth W. Stecher

Kenneth W. Stecher

Chairman of the Board
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Cincinnati Financial Corporation Office Locations

Cincinnati Financial Corporation has offices in Fairfield and London
Fairfield, OH, US (HQ)
6200 S. Gilmore Road
London, GB
One Minster Court, Mincing Ln., Tower
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Cincinnati Financial Corporation Financials and Metrics

Cincinnati Financial Corporation Revenue

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Cincinnati Financial Corporation's revenue was reported to be $7.54 b in FY, 2020 which is a 4.9% decrease from the previous period.
USD

Revenue (Q2, 2021)

2.3b

Gross profit (Q2, 2021)

1.4b

Gross profit margin (Q2, 2021), %

60.1%

Net income (Q2, 2021)

703.0m

Market capitalization (12-Nov-2021)

19.8b

Closing stock price (12-Nov-2021)

122.1

Cash (30-Jun-2021)

1.0b

EV

20.4b
Cincinnati Financial Corporation's current market capitalization is $19.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

5.4b7.9b7.5b

Revenue growth, %

47%(5%)

Cost of goods sold

3.5b3.6b4.1b

Gross profit

1.9b4.3b3.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

2.2b1.9b1.7b(99.0m)2.7b2.2b2.2b2.3b

Cost of goods sold

860.0m936.0m932.0m1.0b1.1b1.1b1.0b915.0m

Gross profit

1.3b977.0m768.0m(1.1b)1.6b1.1b1.2b1.4b

Gross profit Margin, %

60%51%45%1113%60%49%55%60%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

784.0m767.0m900.0m

Accounts Receivable

2.3b2.6b2.6b

Prepaid Expenses

44.0m54.0m65.0m

PP&E

195.0m207.0m213.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

802.0m803.0m787.0m486.0m706.0m914.0m947.0m1.0b

Accounts Receivable

2.5b2.6b2.6b2.7b2.8b2.7b2.8b100.0m

Prepaid Expenses

50.0m70.0m60.0m57.0m91.0m73.0m68.0m

PP&E

202.0m207.0m207.0m208.0m209.0m211.0m213.0m213.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

287.0m2.0b1.2b

Depreciation and Amortization

63.0m97.0m81.0m

Accounts Payable

112.0m184.0m172.0m

Cash From Operating Activities

1.2b1.2b1.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

695.0m1.1b1.4b(1.2b)(317.0m)167.0m620.0m1.3b

Depreciation and Amortization

19.0m36.0m54.0m22.0m42.0m62.0m23.0m46.0m

Accounts Payable

113.0m292.0m255.0m134.0m319.0m236.0m221.0m

Cash From Operating Activities

200.0m476.0m880.0m167.0m614.0m1.1b354.0m917.0m
USDFY, 2018

EV/CFO

10.7 x

Revenue/Employee

1.1m

Debt/Equity

0.1 x

Financial Leverage

2.8 x

P/E Ratio

44.2
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Cincinnati Financial Corporation Operating Metrics

FY, 2018FY, 2019FY, 2020

Reported Claims, but not Incurred (IBNR)

$1.67 b$1.83 b$2.28 b

Reported Claims (Commercial Casualty)

161511

Reported Claims (Workers’ Compensation)

131310

Reported Claims, Unpaid Amounts

$2.58 b$2.71 b$2.83 b
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Cincinnati Financial Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
MSP UnderwritingOctober 12, 2018£102 m
CFC Investment Company
Cincinnati Global Dedicated No. 2 Ltd.SM
Cincinnati Global Underwriting Agency Ltd.SM
Cincinnati Global Underwriting Ltd.SM
Cincinnati Re
CSU Producer Resources Inc.
Lloyd's Syndicate 318
The Cincinnati Casualty Company
The Cincinnati Indemnity Company
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Cincinnati Financial Corporation Revenue Breakdown

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Cincinnati Financial Corporation revenue breakdown by business segment: 46.2% from Commercial lines insurance, 19.5% from Personal lines insurance, 20.4% from Investments and 14.0% from Other

Human Capital Metrics

Source: craft.co
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Cincinnati Financial Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Cincinnati Financial Corporation Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Cincinnati Financial Corporation Online and Social Media Presence

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Cincinnati Financial Corporation Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    D-

    57/100

  • Compensation

    C

    63/100

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Cincinnati Financial Corporation News and Updates

Cincinnati Financial Corporation Announces Internet Availability of Proxy Materials and Webcast for 2021 Annual Meeting of Shareholders

CINCINNATI, March 24, 2021 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today announced the internet availability of materials for its 2021 Annual Meeting of Shareholders – the 2020 Annual Report on Form 10-K, the 2021 Annual Shareholder Meeting Notice and Proxy...

Cincinnati Financial Corporation to Present at the 2020 KBW Insurance Conference

CINCINNATI, Aug. 18, 2020 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced today that the company will participate virtually in the 2020 KBW Insurance Conference on September 9 from 2:10 to 2:50 p.m. ET. Steven J. Johnston, FCAS, MAAA, CFA, CERA, chairman,...

Cincinnati Financial Corporation Announces Internet Availability of Proxy Materials and Webcast for 2020 Annual Meeting of Shareholders

CINCINNATI, March 18, 2020 /PRNewswire/ -- Cincinnati Financial Corporation (NASDAQ:CINF) today announced the internet availability of materials for its 2020 Annual Meeting of Shareholders –the 2019 Annual Report on Form 10-K, the 2020 Annual Shareholder Meeting Notice and Proxy Statement...

Cincinnati Financial Corporation Blogs

Inspection gives home buyer a deeper look

Buying a home is the biggest and most valuable purchase most people make. Many factors could draw you to a home: location, price, updated countertops or a large yard. The home inspection offers the buyer a deeper look into how the home has been maintained or whether it needs costly repairs. Th…

7 reasons why single people need life insurance

Many believe life insurance isn’t a necessity while they’re single, but nothing could be further from the truth. Life insurance is for anyone, and it is useful in many more situations than just providing a cushion for a spouse in the face of suddenly lost income. The post 7 reasons why single…

Cincinnati Financial Reports Third-Quarter 2021 Results

CINCINNATI , Oct. 27, 2021 /PRNewswire/ --  Cincinnati Financial Corporation   (Nasdaq: CINF) today reported: Third-quarter 2021 net income of $153 million , or 94 cents per share, compared with $484 million , or $2.99 per share, in the third quarter of 2020, after recognizing an $82 million

What to watch for when buying a high-rise condo

You move into a new city and purchase a high-rise condo in one of the nicest parts of town. Shortly thereafter, you notice water leaking from the unit above, causing damage to your property. Sadly, this is a common reality for condo owners; water continues to be one of the top perils in high-r…

Feeling stressed? Go easy on yourself

Change can add stress to any family routine, but change amid a pandemic can bring stress to a whole new level. Make sure you recognize signs of increased tension and address it before it impacts your life or health. The post Feeling stressed? Go easy on yourself appeared first on The Cincinnat…

October brings focus on fire prevention

Fire safety organizations traditionally conduct fire prevention awareness campaigns in October, coinciding with the anniversary of the Great Chicago Fire of 1871. Though its origin is disputed, the deadly fire burned from October 8 to 10 that year, killing about 300 people, destroying more tha…
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Cincinnati Financial Corporation Frequently Asked Questions

  • When was Cincinnati Financial Corporation founded?

    Cincinnati Financial Corporation was founded in 1950.

  • Who are Cincinnati Financial Corporation key executives?

    Cincinnati Financial Corporation's key executives are Steven Johnston, Michael Sewell and Martin Hollenbeck.

  • How many employees does Cincinnati Financial Corporation have?

    Cincinnati Financial Corporation has 5,266 employees.

  • What is Cincinnati Financial Corporation revenue?

    Latest Cincinnati Financial Corporation annual revenue is $7.5 b.

  • What is Cincinnati Financial Corporation revenue per employee?

    Latest Cincinnati Financial Corporation revenue per employee is $1.4 m.

  • Who are Cincinnati Financial Corporation competitors?

    Competitors of Cincinnati Financial Corporation include Allstate, American Financial Group and W.R. Berkley.

  • Where is Cincinnati Financial Corporation headquarters?

    Cincinnati Financial Corporation headquarters is located at 6200 S. Gilmore Road , Fairfield.

  • Where are Cincinnati Financial Corporation offices?

    Cincinnati Financial Corporation has offices in Fairfield and London.

  • How many offices does Cincinnati Financial Corporation have?

    Cincinnati Financial Corporation has 2 offices.