ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

ASSETS

Current Year

Prior Year

1

2

3

4

Net Admitted Assets

Net Admitted

Assets

Nonadmitted Assets

(Cols. 1 - 2)

Assets

1.

Bonds (Schedule D)

90,999,306

...................................

90,999,306

84,448,300

2.

Stocks (Schedule D):

2.1 Preferred stocks

...................................

...................................

...................................

...................................

2.2 Common stocks

39,979,321

...................................

39,979,321

40,438,215

3.

Mortgage loans on real estate (Schedule B):

3.1 First liens

...................................

...................................

...................................

...................................

3.2 Other than first liens

...................................

...................................

...................................

...................................

4.

Real estate (Schedule A):

4.1 Properties occupied by the company (less $

encumbrances)

...................................

...................................

...................................

...................................

4.2 Properties held for

the production of income (less

$

encumbrances)

...................................

...................................

...................................

...................................

4.3 Properties held for sale (less $

encumbrances)

...................................

...................................

...................................

...................................

5.

Cash ($

4,006,778 , Schedule E - Part 1), cash equivalents

($

, Schedule E - Part 2) and short-term

investments ($

, Schedule DA)

4,006,778

...................................

4,006,778

6,325,842

6.

Contract loans (including $

premium notes)

...................................

...................................

...................................

...................................

7.

Derivatives (Schedule DB)

...................................

...................................

...................................

...................................

8.

Other invested assets (Schedule BA)

...................................

...................................

...................................

...................................

9.

Receivable for securities

...................................

...................................

...................................

...................................

10.

Securities lending reinvested collateral assets (Schedule DL)

...................................

...................................

...................................

...................................

11.

Aggregate write-ins for invested assets

...................................

...................................

...................................

...................................

12.

Subtotals, cash and invested assets (Lines 1 to 11)

134,985,405

...................................

134,985,405

131,212,357

13.

Title plants less $ ................................... charged off (for Title insurers

only)

...................................

...................................

...................................

...................................

14.

.............................................................Investment income due and accrued

................... 1,170,633

...................................

................... 1,170,633

................... 1,032,797

15.

Premiums and considerations:

15.1 Uncollected premiums and agents' balances in the course of collection

...................................

...................................

...................................

...................................

15.2 Deferred premiums, agents' balances and installments booked but

...................................deferred and not yet due (including $

............................................................earned but unbilled premiums)

...................................

...................................

...................................

...................................

...................................15.3 Accrued retrospective premiums ($

) and

contracts subject to redetermination ($

)

................................... ................................... ................................... ...................................

16. Reinsurance:

....................................................16.1 Amounts recoverable from reinsurers

................. 24,715,846

...................................

................. 24,715,846

................. 21,626,807

..........................16.2 Funds held by or deposited with reinsured companies

...................................

...................................

...................................

...................................

........................16.3 Other amounts receivable under reinsurance contracts

................... 5,360,448

...................................

................... 5,360,448

................... 4,445,716

17.

Amounts receivable relating to uninsured plans

...................................

...................................

...................................

...................................

18.1

Current federal and foreign income tax recoverable and interest thereon ....

...................................

...................................

...................................

...................................

18.2

Net deferred tax asset

...................................

...................................

...................................

...................................

19.

......................................................Guaranty funds receivable or on deposit

...................................

...................................

...................................

...................................

20.

.....................................Electronic data processing equipment and software

...................................

...................................

...................................

...................................

21.

Furniture and equipment, including health care delivery assets

($

)

...................................

...................................

...................................

...................................

22.

.........Net adjustment in assets and liabilities due to foreign exchange rates

...................................

...................................

...................................

...................................

23.

.....................................Receivables from parent, subsidiaries and affiliates

................. 16,992,402

...................................

................. 16,992,402

................. 14,625,121

24.

Health care ($

) and other amounts receivable

...................................

...................................

...................................

...................................

25.

Aggregate write-ins for other than invested assets

...................................

...................................

...................................

...................................

26.

Total assets excluding Separate Accounts, Segregated Accounts and

Protected Cell Accounts (Lines 12 to 25)

................183,224,735

...................................

................183,224,735

................172,942,798

27.

From Separate Accounts, Segregated Accounts and Protected Cell

Accounts

...................................

...................................

...................................

...................................

28.

Total (Lines 26 and 27)

183,224,735

183,224,735

172,942,798

DETAILS OF WRITE-INS

1101. ........................................................................................................................ .................................... .................................... .................................... ....................................

1102. ........................................................................................................................ .................................... .................................... .................................... ....................................

1103. ........................................................................................................................ .................................... .................................... .................................... ....................................

1198. Summary of remaining write-ins for Line 11 from overflow page ................... ................................... ................................... ................................... ...................................

1199. Totals (Lines 1101 thru 1103 plus 1198)(Line 11 above)

2501. .......................................................................................................................................................... ................................... ................................... ...................................

2502. .......................................................................................................................................................... ................................... ................................... ...................................

2503. .......................................................................................................................................................... ................................... ................................... ...................................

2598. Summary of remaining write-ins for Line 25 from overflow page ................... ................................... ................................... ................................... ...................................

2599. Totals (Lines 2501 thru 2503 plus 2598)(Line 25 above)

2

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

LIABILITIES, SURPLUS AND OTHER FUNDS

1

2

Current Year

Prior Year

1.

Losses (Part 2A, Line 35, Column 8)

........................................................................................................................................

...................................

...................................

2.

.....................................Reinsurance payable on paid losses and loss adjustment expenses (Schedule F, Part 1, Column 6)

...................................

...................................

3.

.........................................................................................................Loss adjustment expenses (Part 2A, Line 35, Column 9)

...................................

...................................

4.

.............................................................................Commissions payable, contingent commissions and other similar charges

...................................

...................................

5.

...............................................................................................................Other expenses (excluding taxes, licenses and fees)

.......................... 4,772

.......................... 3,737

6.

...................................................................................Taxes, licenses and fees (excluding federal and foreign income taxes)

...................................

...................................

7.1

...................................Current federal and foreign income taxes (including $

on realized capital gains (losses))

..........................5,692

........................ 10,978

7.2

Net deferred tax liability

...................4,692,888

................... 4,713,549

8.

Borrowed money $

and interest thereon $

..........................................

...................................

...................................

9. Unearned premiums (Part 1A, Line 38, Column 5) (after deducting unearned premiums for ceded reinsurance of

$

259,585,122

and including warranty reserves of $

and accrued accident and

health experience rating refunds including $

for

medical loss ratio rebate per the Public Health

Service Act)

.............................................................................................................................................................................

...................................

...................................

10.

.....................................................................................................................................................................Advance premium

...................................

...................................

11.

Dividends declared and unpaid:

......................................................................................................................................................................11.1 Stockholders

...................................

...................................

.....................................................................................................................................................................11.2 Policyholders

...................................

...................................

12.

........................................................................................Ceded reinsurance premiums payable (net of ceding commissions)

................. 46,517,802

................. 40,181,790

13.

Funds held by company under reinsurance treaties (Schedule F, Part 3, Column 20)

.............................................................

...................................

...................................

14.

Amounts withheld or retained by company for account of others

..............................................................................................

...................1,905,405

................... 1,652,835

15.

Remittances and items not allocated

...................................

...................................

16.

...................................Provision for reinsurance (including $

.........................certified) (Schedule F, Part 3, Column 78)

...................................

...................................

17.

...................................................................................Net adjustments in assets and liabilities due to foreign exchange rates

...................................

...................................

18.

.....................................................................................................................................................................Drafts outstanding

...................................

...................................

19.

............................................................................................................................Payable to parent, subsidiaries and affiliates

............................. 697

...................................

20.

Derivatives

...................................

...................................

21.

................................................................................................................................................................Payable for securities

...................................

...................................

22.

....................................................................................................................................................Payable for securities lending

...................................

...................................

23.

......................................................................................................................Liability for amounts held under uninsured plans

...................................

...................................

24.

Capital notes $

...................................and interest thereon $

.................................................

...................................

...................................

25.

Aggregate write-ins for liabilities

122,280

100

26.

Total liabilities excluding protected cell liabilities (Lines 1 through 25)

................. 53,249,536

................. 46,562,989

27.

Protected cell liabilities

28.

Total liabilities (Lines 26 and 27)

................. 53,249,536

................. 46,562,989

29.

............................................................................................................................Aggregate write-ins for special surplus funds

...................................

...................................

30.

...............................................................................................................................................................Common capital stock

................... 3,600,000

................... 3,600,000

31.

...............................................................................................................................................................Preferred capital stock

...................................

...................................

32.

...........................................................................................................Aggregate write-ins for other than special surplus funds

...................................

...................................

33.

Surplus notes

.............................................................................................................................................................................

...................................

...................................

34.

.......................................................................................................................................Gross paid in and contributed surplus

................. 21,600,000

................. 21,600,000

35.

.......................................................................................................................................................Unassigned funds (surplus)

................104,775,199

................101,179,809

36.

Less treasury stock, at cost:

36.1

shares common (value included in Line 30

$

)

...................................

...................................

36.2

shares preferred (value included in Line 31

$

)

...................................

...................................

37.

Surplus as regards policyholders (Lines 29 to 35, less 36) (Page 4, Line 39)

129,975,199

126,379,809

38.

TOTALS (Page 2, Line 28, Col. 3)

183,224,735

172,942,798

DETAILS OF WRITE-INS

2501.

............................................................................................................................................................Accounts Payable Other

...................... 122,280

............................. 100

2502

....................................

2503

....................................

2598.

Summary of remaining write-ins for Line 25 from overflow page

..............................................................................................

...................................

...................................

2599.

Totals (Lines 2501 thru 2503 plus 2598)(Line 25 above)

122,280

100

2901

....................................

2902

....................................

2903

....................................

2998.

Summary of remaining write-ins for Line 29 from overflow page

..............................................................................................

...................................

...................................

2999.

Totals (Lines 2901 thru 2903 plus 2998)(Line 29 above)

3201.

......................................................................................................................................................................................................................................

....................................

3202. ........................................................................................................................................................................................................................................ ....................................

3203. ........................................................................................................................................................................................................................................ ....................................

3298. Summary of remaining write-ins for Line 32 from overflow page .............................................................................................. ................................... ...................................

3299. Totals (Lines 3201 thru 3203 plus 3298)(Line 32 above)

3

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

STATEMENT OF INCOME

1

2

Current Year

Prior Year

UNDERWRITING INCOME

1.

Premiums earned (Part 1, Line 35, Column 4)

...................................

...................................

DEDUCTIONS:

2.

Losses incurred (Part 2, Line 35, Column 7)

...................................

...................................

3.

Loss adjustment expenses incurred (Part 3, Line 25, Column 1)

...................................

...................................

4.

Other underwriting expenses incurred (Part 3, Line 25, Column 2)

...................................

...................................

5.

Aggregate write-ins for underwriting deductions

...................................

...................................

6.

Total underwriting deductions (Lines 2 through 5)

7.

Net income of protected cells

...................................

...................................

8.

Net underwriting gain (loss) (Line 1 minus Line 6 plus Line 7)

...................................

...................................

INVESTMENT INCOME

9.

............................................................................Net investment income earned (Exhibit of Net Investment Income, Line 17)

...................4,411,569

................... 4,212,707

10.

Net realized capital gains (losses) less capital gains tax of $

453 (Exhibit of Capital

Gains (Losses) )

(1,076,282)

31,666

11.

Net investment gain (loss) (Lines 9 + 10)

3,335,287

4,244,373

OTHER INCOME

12. Net gain (loss) from agents' or premium balances charged off (amount recovered

$

amount charged off $

)

...................................

13.

Finance and service charges not included in premiums

...................................

...................................

14.

Aggregate write-ins for miscellaneous income

15.

..................................................................................................................................Total other income (Lines 12 through 14)

16.

Net income before dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes

(Lines 8 + 11 + 15)

3,335,287

................... 4,244,373

  1. Dividends to policyholders .........................................................................................................................................................
  2. Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes

(Line 16 minus Line 17)

3,335,287

4,244,373

19.

Federal and foreign income taxes incurred

611,571

599,105

20.

Net income (Line 18 minus Line 19)(to Line 22)

2,723,716

3,645,268

CAPITAL AND SURPLUS ACCOUNT

21.

.........................................................Surplus as regards policyholders, December 31 prior year (Page 4, Line 39, Column 2)

126,379,809

................125,656,332

22.

Net income (from Line 20)

2,723,716

3,645,268

23.

Net transfers (to) from Protected Cell accounts

...................................

...................................

24.

Change in net unrealized capital gains or (losses) less capital gains tax of $

178,713

.......................672,301

................. (2,903,220)

25.

Change in net unrealized foreign exchange capital gain (loss)

...................................

...................................

26.

Change in net deferred income tax

.......................199,374

.......................(18,571)

27.

Change in nonadmitted assets (Exhibit of Nonadmitted Assets, Line 28, Col. 3)

...................................

...................................

28.

Change in provision for reinsurance (Page 3, Line 16, Column 2 minus Column 1)

...................................

...................................

29.

Change in surplus notes

...................................

...................................

30.

Surplus (contributed to) withdrawn from protected cells

...................................

...................................

31.

Cumulative effect of changes in accounting principles

...................................

...................................

32.

Capital changes:

32.1 Paid in

...................................

...................................

32.2 Transferred from surplus (Stock Dividend)

...................................

...................................

32.3 Transferred to surplus

...................................

...................................

33.

Surplus adjustments:

33.1 Paid in

...................................

...................................

33.2 Transferred to capital (Stock Dividend)

...................................

...................................

33.3 Transferred from capital

...................................

...................................

34.

Net remittances from or (to) Home Office

...................................

...................................

35.

Dividends to stockholders

...................................

...................................

36.

Change in treasury stock (Page 3, Lines 36.1 and 36.2, Column 2 minus Column 1)

...................................

...................................

37.

Aggregate write-ins for gains and losses in surplus

38.

Change in surplus as regards policyholders for the year (Lines 22 through 37)

3,595,390

723,477

39.

Surplus as regards policyholders, December 31 current year (Line 21 plus Line 38) (Page 3, Line 37)

129,975,199

126,379,809

DETAILS OF WRITE-INS

0501. ........................................................................................................................................................................................................................................ ....................................

0502. ........................................................................................................................................................................................................................................ ....................................

0503. ........................................................................................................................................................................................................................................ ....................................

0598. Summary of remaining write-ins for Line 5 from overflow page ................................................................................................ ................................... ...................................

0599. Totals (Lines 0501 thru 0503 plus 0598)(Line 5 above)

1401. Miscellaneous Income ................................................................................................................................................................................................... ...................................

1402. ..................................................................................................................................................................................................................................... ...................................

1403. ........................................................................................................................................................................................................................................ ....................................

1498. Summary of remaining write-ins for Line 14 from overflow page .............................................................................................. ................................... ...................................

1499. Totals (Lines 1401 thru 1403 plus 1498)(Line 14 above)

3701. ........................................................................................................................................................................................................................................ ....................................

3702. ........................................................................................................................................................................................................................................ ....................................

3703. ........................................................................................................................................................................................................................................ ....................................

3798. Summary of remaining write-ins for Line 37 from overflow page .............................................................................................. ................................... ...................................

3799. Totals (Lines 3701 thru 3703 plus 3798)(Line 37 above)

4

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

CASH FLOW

Cash from Operations

1

Current Year

2

Prior Year

1.

Premiums collected net of reinsurance

................... 6,336,012

................... 7,387,645

2.

Net investment income

................... 4,467,075

................... 4,426,732

3.

Miscellaneous income

4.

Total (Lines 1 through 3)

10,803,087

11,814,378

5.

Benefit and loss related payments

................... 4,003,771

................... 1,173,508

6.

.......................................................Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts

...................................

...................................

7.

Commissions, expenses paid and aggregate write-ins for deductions

...................................

...................................

8.

Dividends paid to policyholders

...................................

...................................

9.

Federal and foreign income taxes paid (recovered) net of $

5,511 tax on capital gains (losses)

617,309

516,761

10.

Total (Lines 5 through 9)

4,621,081

1,690,269

11.

Net cash from operations (Line 4 minus Line 10)

6,182,006

10,124,109

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

12.1

Bonds

5,720,000

9,365,040

12.2

Stocks

...................................

...................................

12.3

Mortgage loans

...................................

...................................

12.4

Real estate

...................................

...................................

12.5

Other invested assets

...................................

...................................

12.6

Net gains or (losses) on cash, cash equivalents and short-term investments

...................................

...................................

12.7

Miscellaneous proceeds

12.8 Total investment proceeds (Lines 12.1 to 12.7)

................... 5,720,000

................... 9,365,040

13. Cost of investments acquired (long-term only):

13.1

Bonds

12,229,237

10,869,935

13.2

Stocks

...................................

...................................

13.3

Mortgage loans

...................................

...................................

13.4

Real estate

...................................

...................................

13.5

Other invested assets

...................................

...................................

13.6

Miscellaneous applications

13.7

Total investments acquired (Lines 13.1 to 13.6)

12,229,237

10,869,935

14.

.................................................................................................Net increase/(decrease) in contract loans and premium notes

15.

Net cash from investments (Line 12.8 minus Line 13.7 minus Line 14)

(6,509,237)

(1,504,895)

Cash from Financing and Miscellaneous Sources

16.

Cash provided (applied):

16.1

Surplus notes, capital notes

...................................

...................................

16.2 Capital and paid in surplus, less treasury stock

...................................

...................................

.................................................................................................................................................................16.3 Borrowed funds

...................................

...................................

..............................................................................16.4 Net deposits on deposit-type contracts and other insurance liabilities

...................................

...................................

.................................................................................................................................................16.5 Dividends to stockholders

...................................

...................................

...........................................................................................................................................16.6 Other cash provided (applied)

(1,991,834)

(6,221,719)

17.

Net cash from financing and miscellaneous sources (Lines 16.1 to 16.4 minus Line 16.5 plus Line 16.6)

(1,991,834)

(6,221,719)

RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

18.

........................................Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)

(2,319,064)

2,397,495

19.

Cash, cash equivalents and short-term investments:

...............................................................................................................................................................19.1 Beginning of year

................... 6,325,842

................... 3,928,347

19.2 End of period (Line 18 plus Line 19.1)

4,006,778

6,325,842

Note: Supplemental disclosures of cash flow information for non-cash transactions:

5

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

Underwriting and Investment Exhibit - Part 1 - Premiums Earned

N O N E

Underwriting and Investment Exhibit - Part 1A - Recapitulation of all Premiums

N O N E

6, 7

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 1B - PREMIUMS WRITTEN

1

Reinsurance Assumed

Reinsurance Ceded

6

2

3

4

5

Net Premiums

Written

Line of Business

Direct Business (a)

From Affiliates

From Non-Affiliates

To Affiliates

To Non-Affiliates

Cols. 1+2+3-4-5

1.

Fire

..............19,796,161

...............................

...............................

..............19,796,161

...............................

...............................

2.1

Allied lines

..............31,713,965

...............................

...............................

..............31,713,965

...............................

...............................

2.2

Multiple peril crop

...............................

...............................

...............................

...............................

...............................

...............................

2.3

Federal flood

...............................

...............................

...............................

...............................

...............................

...............................

2.4

Private crop

...............................

...............................

...............................

...............................

...............................

...............................

2.5

Private flood

...................103,065

...............................

...............................

...................103,065

...............................

...............................

3.

Farmowners multiple peril

...............................

...............................

...............................

...............................

...............................

...............................

4.

Homeowners multiple peril

...............................

...............................

...............................

...............................

...............................

...............................

5.1

Commercial multiple peril (non-liability

portion)

..............83,199,340

...............................

...............................

..............83,199,340

...............................

...............................

5.2

Commercial multiple peril (liability portion)

..............45,930,011

...............................

...............................

..............45,930,011

...............................

...............................

6.

Mortgage guaranty

...............................

...............................

...............................

...............................

...............................

...............................

8.

Ocean marine

...............................

...............................

...............................

...............................

...............................

...............................

9.

Inland marine

............. 10,850,080

...............................

...............................

............. 10,850,080

...............................

...............................

10.

Financial guaranty

...............................

...............................

...............................

...............................

...............................

...............................

11.1

Medical professional liability - occurrence .

1,978,472

...............................

...............................

............... 1,978,472

...............................

...............................

11.2

Medical professional liability - claims-

made

2,572,836

...............................

...............................

............... 2,572,836

...............................

...............................

12.

Earthquake

254,069

...............................

...............................

...................254,069

...............................

...............................

13.1

Comprehensive (hospital and medical)

individual

...............................

............................... ............................... ............................... ............................... ...............................

13.2

Comprehensive (hospital and medical)

group

...............................

............................... ............................... ............................... ............................... ...............................

14. Credit accident and health (group and

individual)

...............................

............................... ............................... ............................... ............................... ...............................

15.1

Vision only

...............................

...............................

...............................

...............................

...............................

...............................

15.2

Dental only

...............................

...............................

...............................

...............................

...............................

...............................

15.3

Disability income

...............................

...............................

...............................

...............................

...............................

...............................

15.4

Medicare supplement

...............................

...............................

...............................

...............................

...............................

...............................

15.5

Medicaid Title XIX

...............................

...............................

...............................

...............................

...............................

...............................

15.6

Medicare Title XVIII

...............................

...............................

...............................

...............................

...............................

...............................

15.7

Long-term care

...............................

...............................

...............................

...............................

...............................

...............................

15.8

Federal employees health benefits plan ...

...............................

...............................

...............................

...............................

...............................

...............................

15.9

Other health

...............................

...............................

...............................

...............................

...............................

...............................

16.

Workers' compensation

............129,263,380

...............................

............................. 3

............129,263,384

...............................

...............................

17.1

Other liability - occurrence

............. 84,869,011

...............................

...............................

............. 84,869,011

...............................

...............................

17.2

Other liability - claims-made

............... 1,813,671

...............................

...............................

............... 1,813,671

...............................

...............................

17.3

Excess workers' compensation

...............................

...............................

...............................

...............................

...............................

...............................

18.1

Products liability - occurrence

............... 9,433,076

...............................

...............................

............... 9,433,076

...............................

...............................

18.2

Products liability - claims-made

...............................

...............................

...............................

...............................

...............................

...............................

19.1

Private passenger auto no-fault (personal

injury protection)

...............................

...............................

...............................

...............................

...............................

...............................

19.2

Other private passenger auto liability

.................... 23,824

...............................

...............................

.................... 23,824

...............................

...............................

19.3

Commercial auto no-fault (personal injury

protection)

...................996,017

...............................

...............................

...................996,017

...............................

...............................

19.4

Other commercial auto liability

..............97,617,142

...............................

...............................

..............97,617,142

...............................

...............................

21.1

Private passenger auto physical damage .

.................... 21,769

...............................

...............................

.................... 21,769

...............................

...............................

21.2

Commercial auto physical damage

..............40,703,565

...............................

...............................

..............40,703,565

...............................

...............................

22.

Aircraft (all perils)

...............................

...............................

...............................

...............................

...............................

...............................

23.

Fidelity

...............................

...............................

...............................

...............................

...............................

...............................

24.

Surety

...............................

...............................

...............................

...............................

...............................

...............................

26.

Burglary and theft

............... 1,396,233

...............................

...............................

............... 1,396,233

...............................

...............................

27.

Boiler and machinery

............... 2,914,464

...............................

...............................

............... 2,914,464

...............................

...............................

28.

Credit

...............................

...............................

...............................

...............................

...............................

...............................

29.

International

...............................

...............................

...............................

...............................

...............................

...............................

30.

Warranty

...............................

............................... ............................... ............................... ............................... ...............................

31. Reinsurance - nonproportional assumed

property

XXX

............................... ............................... ............................... ...............................

32. Reinsurance - nonproportional assumed

liability

XXX

............................... ............................... ............................... ...............................

33. Reinsurance - nonproportional assumed

financial lines

XXX

............................... ............................... ............................... ...............................

34. Aggregate write-ins for other lines of business ..................................................

35.

TOTALS

565,450,151

3

565,450,155

DETAILS OF WRITE-INS

3401

.................................

.................................

.................................

.................................

.................................

.................................

3402

.................................

.................................

.................................

.................................

.................................

.................................

3403

.................................

.................................

.................................

.................................

.................................

.................................

3498.

Summary of remaining write-ins for Line

34 from overflow page

...............................

...............................

...............................

...............................

...............................

...............................

3499.

Totals (Lines 3401 thru 3403 plus

3498)(Line 34 above)

(a) Does the company's direct premiums written include premiums recorded on an installment basis?

Yes [ ]

No [ X ]

If yes: 1. The amount of such installment premiums $

...............................

2. Amount at which such installment premiums would have been reported had they been reported on an annualized basis $

8

9

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 2 - LOSSES PAID AND INCURRED

Losses Paid Less Salvage

5

6

7

8

1

2

3

4

Percentage of

Losses Incurred

Net Losses Unpaid

Losses Incurred

(Col. 7, Part 2) to

Reinsurance

Reinsurance

Net Payments

Current Year

Net Losses Unpaid

Current Year

Premiums Earned

Line of Business

Direct Business

Assumed

Recovered

(Cols. 1 + 2 -3 )

(Part 2A , Col. 8)

Prior Year

(Cols. 4 + 5 - 6)

(Col. 4, Part 1)

1.

Fire

.......................6,881,850

...................................

6,881,850

...................................

...................................

...................................

...................................

...................................

2.1

Allied lines

..................... 18,608,430

...................................

..................... 18,608,430

...................................

...................................

...................................

...................................

...................................

2.2

Multiple peril crop

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

2.3

Federal flood

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

2.4

Private crop

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

2.5

Private flood

...........................40,644

...................................

40,644

...................................

...................................

...................................

...................................

...................................

3.

Farmowners multiple peril

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

4.

Homeowners multiple peril

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

5.1

Commercial multiple peril (non-liability portion)

..................... 41,653,629

...................................

..................... 41,653,629

...................................

...................................

...................................

...................................

...................................

5.2

Commercial multiple peril (liability portion)

..................... 19,657,761

...................................

..................... 19,657,761

...................................

...................................

...................................

...................................

...................................

6.

Mortgage guaranty

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

8.

Ocean marine

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

9.

Inland marine

.......................3,693,976

...................................

.......................3,693,976

...................................

...................................

...................................

...................................

...................................

10.

Financial guaranty

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

11.1

Medical professional liability - occurrence

......................... 720,000

...................................

......................... 720,000

...................................

...................................

...................................

...................................

...................................

11.2

Medical professional liability - claims-made

......................... 259,350

...................................

259,350

...................................

...................................

...................................

...................................

...................................

12.

Earthquake

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

13.1

Comprehensive (hospital and medical) individual

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

13.2

Comprehensive (hospital and medical) group

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

14.

Credit accident and health (group and individual)

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.1

Vision only

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.2

Dental only

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.3

Disability income

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.4

Medicare supplement

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.5

Medicaid Title XIX

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.6

Medicare Title XVIII

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.7

Long-term care

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.8

Federal employees health benefits plan

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.9

Other health

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

16.

Workers' compensation

..................... 46,749,593

............................ 9,890

..................... 46,759,483

...................................

...................................

...................................

...................................

...................................

17.1

Other liability - occurrence

..................... 30,289,745

...................................

30,289,745

...................................

...................................

...................................

...................................

...................................

17.2

Other liability - claims-made

......................... 296,919

...................................

......................... 296,919

...................................

...................................

...................................

...................................

...................................

17.3

Excess workers' compensation

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

18.1

Products liability - occurrence

.......................2,218,908

...................................

.......................2,218,908

...................................

...................................

...................................

...................................

...................................

18.2

Products liability - claims-made

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

19.1

Private passenger auto no-fault (personal injury protection)

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

19.2

Other private passenger auto liability

...........................(1,200)

...................................

...........................(1,200)

...................................

...................................

...................................

...................................

...................................

19.3

Commercial auto no-fault (personal injury protection)

......................... 264,750

...................................

......................... 264,750

...................................

...................................

...................................

...................................

...................................

19.4

Other commercial auto liability

..................... 51,352,278

...................................

..................... 51,352,278

...................................

...................................

...................................

...................................

...................................

21.1

Private passenger auto physical damage

............................ 5,695

...................................

............................ 5,695

...................................

...................................

...................................

...................................

...................................

21.2

Commercial auto physical damage

..................... 22,028,825

...................................

22,028,825

...................................

...................................

...................................

...................................

...................................

22.

Aircraft (all perils)

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

23.

Fidelity

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

24.

Surety

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

26.

Burglary and theft

...........................46,577

...................................

...........................46,577

...................................

...................................

...................................

...................................

...................................

27.

Boiler and machinery

...........................75,961

...................................

75,961

...................................

...................................

...................................

...................................

...................................

28.

Credit

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

29.

International

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

30.

Warranty

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

31.

Reinsurance - nonproportional assumed property

...............XXX

...................................

...................................

...................................

...................................

...................................

...................................

...................................

32.

Reinsurance - nonproportional assumed liability

...............XXX

...................................

...................................

...................................

...................................

...................................

...................................

...................................

33.

Reinsurance - nonproportional assumed financial lines

...............XXX

...................................

...................................

...................................

...................................

...................................

...................................

...................................

34.

Aggregate write-ins for other lines of business

35.

TOTALS

244,843,691

9,890

244,853,581

DETAILS OF WRITE-INS

3401.

....................................................................................................................................................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

3402.

....................................................................................................................................................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

3403.

....................................................................................................................................................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

3498.

Summary of remaining write-ins for Line 34 from overflow page

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

3499.

Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)

10

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 2A - UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES

Reported Losses

Incurred But Not Reported

8

9

1

2

3

4

5

6

7

Net Losses Excl.

Deduct

Incurred But Not

Net Unpaid

Line of Business

Reinsurance

Reinsurance

Reported

Reinsurance

Reinsurance

Net Losses Unpaid

Loss Adjustment

Direct

Assumed

Recoverable

(Cols. 1 + 2 - 3)

Direct

Assumed

Ceded

(Cols. 4 + 5 + 6 - 7)

Expenses

1.

Fire

5,015,751

...................................

5,015,751

...................................

425,000

...................................

.........................

425,000

...................................

...................................

2.1

Allied lines

.......................6,344,584

.......................2,157,000

.......................

2,157,000

.......................6,344,584

...................................

...................................

...................................

...................................

...................................

2.2

Multiple peril crop

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

2.3

Federal flood

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

2.4

Private crop

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

2.5

Private flood

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

3.

Farmowners multiple peril

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

4.

Homeowners multiple peril

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

5.1

Commercial multiple peril (non-liability portion)

.......................

3,619,540

..................... 18,867,481

...................................

..................... 18,867,481

...................................

.......................3,619,540

...................................

...................................

...................................

5.2

Commercial multiple peril (liability portion)

..................... 30,711,744

..................... 30,711,744

..................... 22,437,000

.....................

22,437,000

...................................

...................................

...................................

...................................

...................................

6.

Mortgage guaranty

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

8.

Ocean marine

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

9.

Inland marine

.......................

1,279,000

.......................2,967,740

...................................

.......................2,967,740

...................................

.......................1,279,000

...................................

...................................

...................................

10.

Financial guaranty

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

11.1

Medical professional liability - occurrence

.......................1,700,368

.......................1,700,368

.......................3,655,000

.......................

3,655,000

...................................

...................................

...................................

...................................

...................................

11.2

..............................................................Medical professional liability - claims-made

1,898,405

...................................

1,898,405

...................................

...................................

...................................

...................................

...................................

...................................

12.

Earthquake

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

13.1

......................................................Comprehensive (hospital and medical) individual

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

13.2

............................................................Comprehensive (hospital and medical) group

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

14.

......................................................Credit accident and health (group and individual)

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

15.1

Vision only

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.2

Dental only

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.3

Disability income

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.4

Medicare supplement

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.5

Medicaid Title XIX

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.6

Medicare Title XVIII

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.7

Long-term care

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.8

....................................................................Federal employees health benefits plan

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

15.9

Other health

...................................

...................................

...................................

...................................

...................................

...................................

...................................

(a)

...................................

16.

Workers' compensation

....................122,833,893

......................... 136,766

....................122,970,659

....................132,046,000

...........................66,557

....................

132,112,557

...................................

...................................

...................................

17.1

Other liability - occurrence

.....................

68,881,000

50,623,683

...................................

50,623,683

...................................

68,881,000

...................................

...................................

...................................

17.2

Other liability - claims-made

717,248

717,248

189,462

.........................

189,462

...................................

...................................

...................................

...................................

...................................

17.3

.................................................................................Excess workers' compensation

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

18.1

Products liability - occurrence

.......................

4,123,000

.......................7,676,203

...................................

.......................7,676,203

...................................

.......................4,123,000

...................................

...................................

...................................

18.2

................................................................................Products liability - claims-made

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

19.1

.......................................Private passenger auto no-fault (personal injury protection)

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

19.2

.........................................................................Other private passenger auto liability

...............................150

...................................

...............................150

...................................

...................................

...................................

...................................

...................................

...................................

19.3

Commercial auto no-fault (personal injury protection)

.........................

376,287

......................... 333,158

...................................

......................... 333,158

...................................

......................... 376,287

...................................

...................................

...................................

19.4

Other commercial auto liability

.....................

39,794,713

..................... 71,799,345

...................................

..................... 71,799,345

...................................

..................... 39,794,713

...................................

...................................

...................................

21.1

..................................................................Private passenger auto physical damage

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

21.2

Commercial auto physical damage

.......................

1,719,000

1,689,509

...................................

1,689,509

...................................

1,719,000

...................................

...................................

...................................

22.

Aircraft (all perils)

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

23.

Fidelity

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

24.

Surety

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

26.

Burglary and theft

...........................14,824

...........................14,824

......................... 137,998

.........................

137,998

...................................

...................................

...................................

...................................

...................................

27.

Boiler and machinery

.........................

552,000

(3,000)

...................................

(3,000)

...................................

552,000

...................................

...................................

...................................

28.

Credit

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

29.

International

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

30.

Warranty

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

31.

......................................................Reinsurance - nonproportional assumed property

...............XXX

...................................

...................................

...................................

...............XXX

...................................

...................................

...................................

...................................

32.

........................................................Reinsurance - nonproportional assumed liability

...............XXX

...................................

...................................

...................................

...............XXX

...................................

...................................

...................................

...................................

33.

..............................................Reinsurance - nonproportional assumed financial lines

...............XXX

...................................

...................................

...................................

...............XXX

...................................

...................................

...................................

...................................

34.

Aggregate write-ins for other lines of business

35.

TOTALS

323,191,086

136,766

323,327,852

281,392,000

66,557

281,458,557

DETAILS OF WRITE-INS

3401

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

3402

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

3403

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

....................................

3498.

...............................Summary of remaining write-ins for Line 34 from overflow page

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

...................................

3499.

Totals (Lines 3401 thru 3403 plus 3498)(Line 34 above)

(a) Including $

for present value of life indemnity claims reported in Lines 13 and 15.

ANNUAL STATEMENT FOR THE YEAR 2023 OF THE THE CINCINNATI INDEMNITY COMPANY

UNDERWRITING AND INVESTMENT EXHIBIT

PART 3 - EXPENSES

1

2

3

4

Loss Adjustment

Other Underwriting

Investment

Expenses

Expenses

Expenses

Total

1.

Claim adjustment services:

1.1

Direct

.................

31,739,185

................. 31,739,185

...................................

...................................

1.2

Reinsurance assumed

...................................

...................................

...................................

...................................

1.3

Reinsurance ceded

31,739,185

31,739,185

1.4

..........................................Net claim adjustment service (1.1 + 1.2 - 1.3)

...................................

...................................

...................................

...................................

2.

Commission and brokerage:

2.1

Direct excluding contingent

72,234,381

.................

72,234,381

...................................

...................................

2.2

Reinsurance assumed, excluding contingent

.............................

351

...................................

............................. 351

...................................

2.3

Reinsurance ceded, excluding contingent

................. 72,234,732

.................

72,234,732

...................................

...................................

2.4

Contingent - direct

................. 15,580,000

.................

15,580,000

...................................

...................................

2.5

...........................................................Contingent - reinsurance assumed

...................................

...................................

...................................

...................................

2.6

Contingent - reinsurance ceded

...................................

15,580,000

...................................

.................

15,580,000

2.7

Policy and membership fees

2.8

..Net commission and brokerage (2.1 + 2.2 - 2.3 + 2.4 + 2.5 - 2.6 + 2.7)

...................................

...................................

...................................

...................................

3.

..............................................................Allowances to managers and agents

...................................

...................................

...................................

...................................

4.

Advertising

.................................4

.................................

4

...................................

...................................

5.

.................................................................Boards, bureaus and associations

...................................

...................................

...................................

...................................

6.

...................................................................Surveys and underwriting reports

...................................

...................................

...................................

...................................

7.

..............................................................................Audit of assureds' records

...................................

...................................

...................................

...................................

8.

Salary and related items:

8.1

Salaries

........................

30,427

...................................

...................................

........................ 30,427

8.2

Payroll taxes

.......................... 1,397

..........................

1,397

...................................

...................................

9.

Employee relations and welfare

........................ 11,432

........................

11,432

...................................

...................................

10.

........................................................................................................Insurance

...................................

...................................

...................................

...................................

11.

.................................................................................................Directors' fees

...................................

...................................

...................................

...................................

12.

Travel and travel items

.............................

160

...................................

...................................

............................. 160

13.

Rent and rent items

............................. 788

.............................

788

...................................

...................................

14.

Equipment

........................ 91,458

........................

91,458

...................................

...................................

15.

...................................Cost or depreciation of EDP equipment and software

...................................

...................................

...................................

...................................

16.

Printing and stationery

32

...............................

32

...................................

...................................

17.

Postage, telephone and telegraph, exchange and express

1

.................................

1

...................................

...................................

18.

Legal and auditing

19,197

19,197

19.

Totals (Lines 3 to 18)

...................................

...................................

154,897

......................

154,897

20.

Taxes, licenses and fees:

20.1 State and local insurance taxes deducting guaranty association

credits of $

.....................................................

...................................

...................................

...................................

...................................

................................................20.2 Insurance department licenses and fees

...................................

...................................

...................................

...................................

..............................................20.3 Gross guaranty association assessments

...................................

...................................

...................................

...................................

20.4 All other (excluding federal and foreign income and real estate)

....................20.5 Total taxes, licenses and fees (20.1 + 20.2 + 20.3 + 20.4)

...................................

...................................

...................................

...................................

21.

.....................................................................................Real estate expenses

...................................

...................................

...................................

...................................

22.

............................................................................................Real estate taxes

...................................

...................................

...................................

...................................

23.

.............................................................Reimbursements by uninsured plans

...................................

...................................

...................................

...................................

24.

...........................................Aggregate write-ins for miscellaneous expenses

...................................

...................................

...................................

...................................

25.

.................................................................................Total expenses incurred

...................................

...................................

...................... 154,897

(a)

154,897

26.

Less unpaid expenses - current year

.......................... 4,772

..........................

4,772

...................................

...................................

27.

Add unpaid expenses - prior year

...................................

...................................

3,737

..........................

3,737

28.

Amounts receivable relating to uninsured plans, prior year

...................................

...................................

...................................

...................................

29.

........................Amounts receivable relating to uninsured plans, current year

30.

TOTAL EXPENSES PAID (Lines 25 - 26 + 27 - 28 + 29)

153,863

153,863

DETAILS OF WRITE-INS

2401

....................................

....................................

....................................

2402

....................................

....................................

....................................

2403

....................................

....................................

....................................

2498.

...................Summary of remaining write-ins for Line 24 from overflow page

...................................

...................................

...................................

...................................

2499.

Totals (Lines 2401 thru 2403 plus 2498)(Line 24 above)

(a) Includes management fees of $

to affiliates and $

to non-affiliates.

11

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Cincinnati Financial Corporation published this content on 21 February 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 March 2024 18:22:19 UTC.