Cincinnati Financial Inside Look: How Portfolio Rebalancing Fueled 18% Investment Income Growth! 

It involves writing business on classes of business that the Cincinnati Financial Corporation has direct expertise in. It also allows the company to diversify its own property catastrophe risk in ways they couldn’t just with their admitted and non-admitted business. So I think they bring a lot of value to the company. Speaking about our recent execution, Cincinnati Re’s second-quarter 2025 results showcased a remarkable combined ratio of 82.8%, with a shift towards caution in areas where market conditions softened. We stand disciplined in pricing, balancing growth and risk. However, quarter-to-quarter, there might be some fluctuations as we adjust to the market dynamics, but the objective remains a stable diversification of risk and income stability.