Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Cincinnati Financial Corp Add to portfolio

INX:CINF, Oct 16, 08:34 UTC

Latest INX:CINF News

Filter your feed

Apply Filter

Saturday, October 13


News

Cincinnati Financial Corp Has Decreased Its Genuine Parts Ord (GPC) Position as Share Value Rose

CINF GPC

107.87 million shares or 2.85% more from 104.87 million shares in 2018Q1 were reported. Qs Limited Liability Corp invested 0.07% in Genuine Parts Company (NYSE:GPC). Since July 26, 2018, it had 0 insider purchases, and 1 insider sale for $50,145 activity. Cincinnati Financial Corp who had been investing in Genuine Parts Ord for a number of months, seems to be less bullish one the $13.92 billion market cap company. More important recent Genuine Parts Company (NYSE:GPC) news were published by: Streetinsider.com which released: “Genuine Parts (GPC) Announces Industrial And Automotive Acquisitions” on September 19, 2018, also Seekingalpha.com published article titled: “Staples wins battle for Essendant”, Streetinsider.com published: “Genuine Parts (GPC) Completed Acquisitions of UK Based Platinum International Group Limited and TMS Motor …” on October 05, 2018.

Read Full Details

Topics:
  • Business
  • Financial

Friday, October 12


News

Cincinnati Financial Corporation Announces Preliminary Estimate for Recent Storm Losses

CINF

CINCINNATI, Oct. 12, 2018 /PRNewswire/ -- Cincinnati Financial Corporation (CINF) today announced that The Cincinnati Insurance Companies' property casualty group expects its third-quarter results to include pretax catastrophe losses of approximately $120 million, representing an impact on the third-quarter 2018 combined ratio of approximately 9.5 to 10.0 percentage points, based on estimated property casualty earned premiums. Losses from natural catastrophe events affect property casualty insurance underwriting income, one of the sources of consolidated net income along with profits from investment operations and life insurance operations. Based on initial claims reports received, most of the claims covered by the company's standard market lines business are for personal lines accounts with nearly half located in Georgia and approximately one-quarter in Alabama. Prolonged low interest rate environment or other factors that limit the company's ability to generate growth in investment income or interest rate fluctuations that result in declining values of fixed-maturity investments, including declines in accounts in which we hold bank-owned life insurance contract assets.

Read Full Details

Topics:
  • Business
  • Financial
News

Cincinnati Financial To Acquire MSP Underwriting Limited - Quick Facts

CINF MUV2

(RTTNews) - Cincinnati Financial Corp. (CINF) announced a definitive agreement to acquire MSP Underwriting Limited, a global specialty underwriter and Munich Re subsidiary, in an all-cash transaction for 102 million pounds. As a wholly owned subsidiary of Cincinnati Financial, MSP Underwriting will continue to operate under its own brand and with its existing leadership team. Cincinnati expects the acquisition to generate an attractive return over time. Based on current assumptions, the company expects the acquisition to be accretive to 2019 net income. Based in London, MSP Underwriting operates through Beaufort Underwriting Agency Limited, which underwrites for Lloyd's Syndicate 318.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, October 11


News

Institutional Investors Negative on on Cincinnati Financial Corp Crashed

CINF

The investment professionals in our partner’s database now have: 99.55 million shares, down from 101.79 million shares in 2018Q1. Also, the number of investment professionals holding Cincinnati Financial Corp in their top 10 equity positions was flat from 4 to 4 for the same number . Sold All: 33 Reduced: 144 Increased: 111 New Position: 49. Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Another recent and important Cincinnati Financial Corporation (NASDAQ:CINF) news was published by Nasdaq.com which published an article titled: “Market Trends Toward New Normal in Park Hotels & Resorts, Safety Insurance Group, Cincinnati Financial, Anika …” on October 11, 2018.

Read Full Details

Topics:
  • Business
  • Financial
News

Market Trends Toward New Normal in Park Hotels & Resorts, Safety Insurance Group, Cincinnati Financial, Anika Therapeutics, CME Group, and Midstates Petroleum — Emerging Consolidated Expectations, Analyst Ratings

CINF CME

The new research reports from Market Source Research, available for free download at the links above, examine Park Hotels & Resorts Inc. (PK), Safety Insurance Group, Inc. (SAFT), Cincinnati Financial Corporation (CINF), Anika Therapeutics Inc. (ANIK), CME Group Inc. (CME), and Midstates Petroleum Co. (MPO) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. Park Hotels & Resorts' Recent Financial Performance. For the three months ended June 30th, 2018 vs June 30th, 2017, Park Hotels & Resorts reported revenue of $731.00MM vs $733.00MM (down 0.27%) and analysts estimated basic earnings per share $1.07 vs $0.52 (up 105.77%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Park Hotels & Resorts reported revenue of $2,791.00MM vs $2,727.00MM (up 2.35%) and analysts estimated basic earnings per share $12.38 vs $0.67 (up 1,747.76%). The report will be for the fiscal period ending September 30th, 2018.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, October 02


News

Cincinnati Financial Set to Grow on Strategic Initiatives - October 2, 2018

CINF

Cincinnati Financial Corporation CINF remains well-poised, given a solid performance of its Commercial Lines Property Casualty Insurance segment, stronger pricing, higher number of agencies and robust capital position.Growth initiatives coupled with gradual increase in insurance rates have been aiding solid results in Commercial Lines Property Casualty Insurance segment. Cincinnati Financial has plans to appoint 100 agencies for focusing on high net worth personal lines clients and will market only the company’s personal lines products in 2018.Investment income, an important component of an insurer’s top line, has been growing despite a low interest rate environment. With more interest rates on the radar, we expect investment results to consistently improve.Premium growth initiatives, price increases, higher level of insured exposures and a disciplined expansion of Cincinnati Re should continue to drive revenues for the company.Cincinnati Financial enjoys healthy liquidity position banking on a steady cash flow. Also, the company has 15.5 million shares remaining under its authorization as of Jun 30, 2018.However, the company has been witnessing a rise in its insurance loss and policyholder benefits as well as underwriting, acquisition and insurance expenses, limiting the desired margin expansion in turn.Also, being a property and casualty insurer, the company is exposed to catastrophe loss that induces earnings volatility.Stocks That Warrant a LookStocks in the Property and Casualty Insurance industry that deserve a glance are Alleghany Corporation Y, American Financial Group, Inc. AFG and The Navigators Group, Inc. NAVG.Alleghany provides property and casualty reinsurance and insurance products in the United States and internationally.

Read Full Details

Topics:
  • Business
  • Financial

Monday, August 27


News

Why You Should Retain Cincinnati Financial in Your Portfolio - August 27, 2018

CINF

Estimates for Cincinnati Financial Corporation CINF have been revised upward over the past 30 days, reflecting analysts’ confidence in the stock. Let’s focus on the factors that make Cincinnati Financial a stock to retain for attractive returns.Improving Top Line: Cincinnati Financial has been continuously generating an improved top line, driven by higher net premiums earned as well as investment income. Growth initiatives as well as a gradual increase in insurance rates have been supporting the upside.In fact, net written premiums in 2017 witnessed a five-year CAGR of 6.8%, nearly double the property casualty’s industry rate. These initiatives make Cincinnati Financial an attractive pick for yield-seeking investors.Growth Projections: The Zacks Consensus Estimate for current-year earnings per share is pegged at $3.15, representing a year-over-year increase of 15% on 5.1% higher revenues of $5.9 billion. For 2019, the consensus mark for the bottom line stands at $3.25, translating into a 3.2% year-over-year rise while the same for the top line is projected at $6.2 billion, up 5.3%.Positive Earnings Surprise History: Cincinnati Financial flaunts a solid earnings surprise history, exceeding the Zacks Consensus Estimate in three of the last four quarters.

Read Full Details

Topics:
  • Business
  • Financial

Monday, August 20


News

The Cincinnati Insurance Company's Chief Insurance Officer to Retire

CINF

CINCINNATI, Aug. 20, 2018 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that Jacob F. Scherer, Jr., chief insurance officer and executive vice president of its lead subsidiary, The Cincinnati Insurance Company, plans to retire in August 2019. She began her insurance career in 1988 and joined the company in 1998. Since then, Delaney has held positions of increasing authority and responsibility in field sales and was appointed as an officer of Cincinnati Insurance earlier this year. "Sean has been working closely with Steve to undertake a collaborative approach to underwriting both new and renewal commercial lines business. Because of that experience, he's uniquely qualified to continue building on those initiatives in his new leadership role in commercial lines. "Angie has a keen understanding of the value that our field strategy brings to our independent agents through local decision making and services that augment the agent's ability to serve their best customers. She'll draw on her sales field experience to continuing building relationships and enthusiasm for our agency-centered model." Johnston concluded: "Our leadership team aspires to heighten the company's competitive points of difference and to achieve industry-leading growth and profitability. Our foundation is strong, giving us every opportunity to keep building and adding value for our shareholders, agents, associates and policyholders." Prolonged low interest rate environment or other factors that limit the company's ability to generate growth in investment income or interest rate fluctuations that result in declining values of fixed-maturity investments, including declines in accounts in which we hold bank-owned life insurance contract assets.

Read Full Details

Topics:
  • Business
  • Financial

Friday, August 10


News

Cincinnati Financial Corporation Declares Regular Quarterly Cash Dividend

CINF

Steven J. Johnston, president and chief executive officer, commented: "The payment of this dividend in October will complete our 58th year of increasing annual cash dividends. Positive trends reflecting the success of our business model and demonstrating our ability to execute our strategy combine with the company's outstanding financial strength to support rewarding shareholders." Cincinnati Financial Corporation offers business, home and auto insurance, our main business, through The Cincinnati Insurance Company and its two standard market property casualty companies. The same local independent insurance agencies that market those policies may offer products of our other subsidiaries, including life and disability income insurance, fixed annuities and surplus lines property and casualty insurance. For additional information about the company, please visit cinfin.com. Prolonged low interest rate environment or other factors that limit the company's ability to generate growth in investment income or interest rate fluctuations that result in declining values of fixed-maturity investments, including declines in accounts in which we hold bank-owned life insurance contract assets.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, August 09


Social Chatter

Cincinnati Financial Corp (INX:CINF) social chatter is higher than usual

CINF
Please boycott these Fox "News" sponsors: @Cigna Cincinnati Financial @Citi Clarion Brands Inc. CLR Brands @Cologuard Combe Incorporated Comfort Click @CoolSculpting Committee To Defend The President Coravin Country Home Products @Covenantbooks https://t.co/6PtHR10zzw