About Cincinnati Financial Corporation

Cincinnati Financial Corporation (CFC) flagship firm Cincinnati Insurance (operating through four property/casualty subsidiaries) sells commercial property, liability, excess and surplus, auto, bond, and fire insurance; personal lines include homeowners, auto, and liability products. Subsidiary Cincinnati Life sells life, disability income, and annuities. The company's CFC Investment subsidiary provides commercial financing, leasing, and real estate services to its independent insurance agents. Its CSU Producers Resources offers insurance brokerage services to independent agencies. The Schiff family formed CFC in 1968.


CFC operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. Commercial Lines Insurance, which accounts for about 60% of total sales, provides coverage including commercial property/casualty, workers' compensation, and management liability. Personal Lines Insurance, accounting for some 20% of sales, writes personal automobile and homeowner products.

Investment earnings represent some 10% of revenue, while excess and surplus lines and life insurance make up the remainder.

Subsidiaries include standard property/casualty insurers Cincinnati Casualty Company and Cincinnati Indemnity Company, Cincinnati Life Insurance Company, and Cincinnati Specialty Underwriters Insurance Company.

Geographic Reach

CFC markets its policies in 49 states, the District of Columbia, and Puerto Rico. The company writes some 20% of its business in Ohio, and is strong in Illinois, Indiana, Georgia, and Pennsylvania.

Sales and Marketing

The company maintains a force of some 1,500 field associates who provide local service to some 1,530 distributing independent agencies and policy holders.

Its commercial lines segment targets primarily small to mid-sized businesses. CFC has tied its growth to expanding the territories in which it markets, and increasing the number of new agencies with which it strikes new relationships.

Cincinnati Insurance launched its first-ever national television ad in 2015.

Financial Performance

CFC revenue, which has been on the rise for the past five years, rose 4% to $5.1 billion in 2015 on higher earned premiums and fee revenues. Increased renewal rates for commercial and property/casualty products, as well as price increases, led to the growth, as did higher new business written premiums. Additionally, gains in excess and surplus lines and life insurance sales contributed to the rise. All of those gains were partially offset by a decline in investment earnings.

Due to the company's growing revenues, net income has also been on the rise. In 2014 it increased 21% to $634 million. Cash flow from operations increased 2% to $1.1 billion that year.


Going forward, the company plans to wring more profit out of policies by raising deductibles and conducting more site inspections of properties it insures. CFC also works on developing new products and helping its independent and captive agents better market existing policies. To further broaden its operations, the company works toward deepening its penetration into each market it serves. For example, it has been introducing workers' compensation coverage in more states.

Cincinnati Insurance is also expanding its products and services for wealthy individuals. It introduced the Executive Capstone program in New York in 2015, and it plans to launch these offerings in additional states including Texas, California, Massachusetts, and New Jersey.

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Cincinnati Financial Corporation

6200 S Gilmore Rd
Fairfield, OH 45014-5141
Phone: 1 (513) 870-2000
Fax: 1 (513) 870-2900


  • Employer Type: Public
  • Stock Symbol: CINF
  • Stock Exchange: NASDAQ
  • President, CEO, and Director: Steven J. Johnston
  • SVP, CFO, and Treasurer: Michael J. Sewell
  • Chairman: Kenneth W. Stecher
  • 2016 Employees: 4,754

Major Office Locations

  • Fairfield, OH