CinFin stock drops 13% as cat losses spike Q2 CoR
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CinFin stock drops 13% as cat losses spike Q2 CoR

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Cincinnati Financial's stock price slumped 13% this morning after the carrier's combined ratio shot up 17.7 points to 103.2% in the second quarter, driven by a jump in catastrophe losses.

The shares are trading today at $98.56 per share, down 13.13% from yesterday's close.

CinFin yesterday reported that second quarter catastrophe losses added 13.8

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