Cincinnati Financial Reports Q3 Results

Cincinnati Financial reported a 30 percent increase in net income and operating gains of 13.5 percent for third-quarter 2005.

Pretax investment income grew 7.7 percent for three months and 6.9 percent for nine months. Full-year growth now is expected to be in the range of 6.5 percent to 7.0 percent.

Catastrophe losses, including ceded and assumed reinsurance, were $83 million pre-tax for nine months. Hurricane Wilma losses were preliminarily estimated at $23 million to $25 million.

Cincinnati Financial Corporation offers property and casualty insurance through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. For additional information, see the web site at www.cinfin.com.

Topics Profit Loss