Cincinnati Financial (CINF) Raises Loss Estimate for May Storms
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Cincinnati Financial Corporation (Nasdaq: CINF) today announced that The Cincinnati Insurance Companies' property casualty group expects approximately $240 million to $290 million in losses incurred during Q2 due to the extreme storms in April and May.
This total includes the company's previously announced catastrophe loss estimate for April storms, which has now been updated to approximately $155 million to $190 million.
This total includes the company's previously announced catastrophe loss estimate for April storms, which has now been updated to approximately $155 million to $190 million.
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