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Thursday, October 8, 2015

Cincinnati Financial


Cincinnati money Corporation offers property and casualty insurance, its main business, through The city insurer, The city Indemnity Company and therefore the city Casualty Company. the corporate has one.01% of the domestic property and casualty insurance premiums, that ranks it because the twentieth largest insurer by market share within the U.S.

The city insurer was supported in 1950 by four agents, as well as brothers John Jack Schiff and Henry Martyn Robert Cleveland Schiff..

The city insurance Company markets life and incapacity financial gain insurance and annuities. CFC fund supports the insurance subsidiaries and their freelance agent representatives through industrial leasing and finance activities. CinFin Capital Management Company provides quality management services to establishments, companies and people.

In 2001, SFAS 133 changes were enclosed with completed capital gains or losses instead of investment financial gain. The impact on nine-month 2001 earnings was associate degree after-tax gain of $1.3 million. previous amount 2001 results were restated on this basis.

In 2008, city began writing excess and surplus lines insurance below a replacement subsidiary known as the city Specialty Underwriters insurer.

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