Cincinnati Financial (CINF) won't be changing its dividend policy due to any tax hikes, CEO...

|About: Cincinnati Financial Cor... (CINF)|By:, SA News Editor

Cincinnati Financial (CINF) won't be changing its dividend policy due to any tax hikes, CEO Steve Johnston tells conference-goers, noting a sizable number of the firm's investors are immune to taxes. CFO Mike Sewell says the insurer's relatively large (25%) allocation to equities is paying off, and the firm is sitting on $1B in unrealized portfolio gains.