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Cincinnati Financial Announces Estimate Catastrophe Losses for 3Q17

Cincinnati Financial (NASDAQ:CINF) expects 3Q17 pretax catastrophe losses of ~$102M to $114M, representing an impact on the third-quarter 2017 combined ratio of ~8.6 to 9.6%, based on estimated property casualty earned premiums.

3Q17 property casualty combined ratio will be in the range of 98.5% – 101.5%, including the effect of catastrophe losses.

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