CinFin’s Q4 casualty net reserve charge driven by GL, not umbrella: CFO
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CinFin’s Q4 casualty net reserve charge driven by GL, not umbrella: CFO

Umbrella was "modestly profitable" in 2023, despite challenges in 2022.

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Cincinnati Financial booked a Q4 net reserve charge of $51mn, of which $29mn occurred from accident years prior to 2019 primarily related to commercial casualty, according to CFO Mike Sewell. 

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