The company said net income for Q3 2026 was $459 million ($2.96 per share), down from $1.122 billion ($7.11 per share) a year earlier, and non-GAAP operating income was $443 million ($2.86 per share).

1. 01

   The company said net income for Q3 2026 was $459 million ($2.96 per share), down from $1.122 billion ($7.11 per share) a year earlier, and non-GAAP operating income was $443 million ($2.86 per share).

2. 02

   Cincinnati Financial said net income for Q3 2026 fell $663 million from a year earlier. It cited a $657 million decrease in after-tax net investment gains and a $41 million decrease in property casualty underwriting profit, partly offset by a $24 million increase in investment income.

3. 03

   Cincinnati Financial said the property casualty combined ratio for Q3 2026 rose to 90.9% from 88.2% in Q3 2025, and net written premiums grew 2%. The company attributed the higher combined ratio in part to an increase of 7.0 points in catastrophe losses.

4. 04

   The company said book value per share was $105.42 as of September 30, 2026, up $3.07 since year-end. It also said its value creation ratio for the first 9 months of 2026 was 5.8%, compared with 13.8% for the same period of 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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