Operating income of $75M or $0.46 per share vs. $100M or $0.61 one year ago. Natural catastrophe loss impact of $0.45 per share vs. $0.30 one year ago. Core combined ratio (excl. catastrophes) of 95.5% improves 180 basis points. Dividend of $0.44 per share.
Book value per share of $38.77 up 4% from the start of the year.
Earned premiums of $1.059B up 11% Y/Y. Investment income of $136M up 4%.
Conference call tomorrow at 11 ET
CINF flat AH