Cincinnati Financial Corporation Announces Preliminary Loss Estimate of $240M to $290M for May Storms

Cincinnati Financial Corporation CINF today announced that The Cincinnati Insurance Companies' property casualty group expects its second-quarter results to include pre-tax catastrophe losses, net of reinsurance, of approximately $240 million to $290 million incurred due to severe weather during the entire months of 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, net of reinsurance.