NU Online News Service, Jan. 20, 1:24 p.m. EST
As many insurers and reinsurers are readying investors for a degree of disappointment in 2011 fourth-quarter earnings, Cincinnati Financial Corp. says it has some good news—favorable impacts.
Due to a reduction in its catastrophe loss estimate, improvements in commercial-lines pricing and better results on securities investment, Cincinnati Financial says it expects a reduction in its fourth-quarter combined ratio.
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