CinFin UW income jumps 24% to $165mn, NWP +12% to $1.9bn

Cincinnati Financial benefited from sharply lower catastrophes in the first quarter as its underwriting income increased 24 percent to $165mn, while the company was also aided by a higher volume of earned premiums which helped offset a modest deterioration in its underlying loss ratio and less favourable prior-year loss development.

 

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