The ratings on Cincinnati Financial Corp. (CFC) as well as its related property/casualty and life insurance operations were placed on CreditWatch with negative implications by S&P, reflecting concerns with regard to the group’s profitability. S&P indicated that it expects to meet with CFC management in coming months for the purpose of reviewing the group’s earning prospects and resolving the CreditWatch status.
Was this article valuable?
Here are more articles you may enjoy.
Binance’s $6.3 Billion Hack: How Crypto Insurance Works 
Father and Son Charged With Running ‘Chop-Shop,’ Selling Stolen Cars, Insurance Fraud 
PG&E Weighs Gas Business Separation Over California Fire Rules 
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes From This Issue
