BUZZ-Cincinnati Financial rises on higher Q4 operating profit

Reuters

02-11

BUZZ-Cincinnati Financial rises on higher Q4 operating profit

** Insurance firm Cincinnati Financial's CINF.O shares rise up 5.9% to $143.56 in morning trading

** Co reported quarterly adjusted operating profit of $3.14 per share, compared with $2.28 per share a year ago

** Co's earned premiums grew 15% to $2.37 bln for the quarter ended December 31

** Commercial lines insurance, co's biggest segment, saw total revenue rise 7% to $1.16 bln

** Investment income climbed 17% to $280 mln

** Stock rose nearly 39% in 2024

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com;))

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