Cincinnati Financial Expects Strong Quarter
NU Online News Service, July 14, 11:37 a.m. EDT?The Fairfield, Ohio-based Cincinnati Financial Corp. said it expects to release robust second-quarter figures on July 29, thanks to the company's increasing net written premiums and improving underwriting profitability.
The insurer also noted that a positive momentum has been carried over from last year and this year's first quarter. Based on preliminary data, Cincinnati Financial said it is expecting second-quarter property-casualty net written premiums to jump by some 16 percent compared to a year ago.
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