CINCINNATI FINANCIAL CORP
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 23, 2026
CINF$186.18+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| (Dollars in millions, except per share data) | December 31, | December 31, |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Investments | ||
| Fixed maturities, at fair value (amortized cost: 2025—$18,304; 2024—$16,735) | $18,123 | $16,182 |
| Equity securities, at fair value (cost: 2025—$4,155; 2024—$3,953) | 12,694 | 11,185 |
| Short-term investments, at fair value (amortized cost: 2025—$148; 2024—$298) | 148 | 298 |
| Other invested assets | 818 | 713 |
| Total investments | 31,783 | 28,378 |
| Cash and cash equivalents | 1,431 | 983 |
| Investment income receivable | 235 | 222 |
| Finance receivable | 146 | 120 |
| Premiums receivable | 3,142 | 2,969 |
| Reinsurance recoverable | 655 | 523 |
| Prepaid reinsurance premiums | 71 | 70 |
| Deferred policy acquisition costs | 1,344 | 1,242 |
| Land, building and equipment, net, for company use (accumulated depreciation: 2025—$367; 2024—$347) | 219 | 214 |
| Other assets | 995 | 828 |
| Separate accounts | 981 | 952 |
| Total assets | $41,002 | $36,501 |
| Liabilities | ||
| Insurance reserves | ||
| Loss and loss expense reserves | $11,507 | $10,003 |
| Life policy and investment contract reserves | 2,992 | 2,960 |
| Unearned premiums | 5,254 | 4,813 |
| Other liabilities | 1,638 | 1,487 |
| Deferred income tax | 1,833 | 1,476 |
| Note payable | 25 | 25 |
| Long-term debt and lease obligations | 861 | 850 |
| Separate accounts | 981 | 952 |
| Total liabilities | 25,091 | 22,566 |
| Commitments and contingent liabilities (Note 16) | ||
| Shareholders' Equity | ||
| Common stock, par value—$2 per share; (authorized: 2025 and 2024—500 million shares; issued: 2025 and 2024—198.3 million shares) | 397 | 397 |
| Paid-in capital | 1,561 | 1,502 |
| Retained earnings | 16,719 | 14,869 |
| Accumulated other comprehensive loss | (34) | (309) |
| Treasury stock, at cost (2025—42.9 million shares and 2024—41.9 million shares) | (2,732) | (2,524) |
| Total shareholders' equity | 15,911 | 13,935 |
| Total liabilities and shareholders' equity | $41,002 | $36,501 |
Cincinnati Financial Corporation - 2025 10-K - Page 119
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.