Cincinnati Financial Quarterly Profit Rises 158%
NU Online News Service, April 23, 10 :57 p.m. EDT?Cincinnati Financial Corporation reported first-quarter net income soared 158 percent to $146 million from $57 million for the period last year. [@@]
The Fairfield, Ohio-based Cincinnati Financial's p-c insurance operations saw $92 million in underwriting profit for the first quarter, sharply higher than $30 million reported one year ago. Almost all profits came from the company's p-c commercial-lines units.
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