Cincinnati Financial
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Cincinnati Financial reported a 29% increase in its operating EPS to $1.08 per share, beating analyst expectations of $0.88.
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Catastrophes in 2019 neared the attachment point of the carrier’s Skyline Re cat bond.
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The result was driven by an improved P&C combined ratio, with favourable development offsetting significantly higher catastrophes
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Kroger's CEO and chairman William Rodney McMullen will stand for re-election on Cincinnati Financial's board next year.