Cincinnati Financial · Earnings release · 8-K Exhibit 99

Cincinnati Financial Corporation

Supplemental Financial Data

cinfin.com

Investor Contact:

Media Contact:

Shareholder Contact:

Dennis E. McDaniel

Betsy E. Ertel

Brandon McIntosh

A.M. Best Company

Fitch Ratings

Moody's Investors Service

S&P Global Ratings

Cincinnati Financial Corporation

Corporate Debt

a

A

A3

BBB+

The Cincinnati Insurance Companies

Insurer Financial Strength

Property Casualty Group

Standard Market Subsidiaries:

A+

AA-

A1

A+

The Cincinnati Insurance Company

A+

AA-

A1

A+

The Cincinnati Indemnity Company

A+

AA-

A1

A+

The Cincinnati Casualty Company

A+

AA-

A1

A+

Surplus Lines Subsidiary:

The Cincinnati Specialty Underwriters Insurance Company

A+

—

—

—

The Cincinnati Life Insurance Company

A+

AA-

—

A+

Ratings are as of February 6, 2026, under continuous review and subject to change and/or affirmation. For the current ratings, select Financial Strength on cinfin.com.

The consolidated financial statements and financial exhibits that follow are unaudited. These consolidated financial statements and exhibits should be read in conjunction with the consolidated financial statements and notes included with our periodic filings with the U.S. Securities and Exchange Commission. The results of operations for interim periods may not be indicative of results to be expected for the full year.

CINF Fourth-Quarter 2025 Supplemental Financial Data

1

Cincinnati Financial Corporation

Supplemental Financial Data

Page

Definitions of Non-GAAP Information and Reconciliation to Comparable GAAP Measures

3

Consolidated

CFC and Subsidiaries Consolidation – Twelve Months Ended December 31, 2025

4

CFC and Subsidiaries Consolidation – Three Months Ended December 31, 2025

5

Five-Year Net Income Reconciliation and Key Metrics

6

Consolidated Property Casualty Insurance Operations

Losses Incurred Detail

7

Loss Ratio Detail

8

Loss Claim Count Detail

9

Direct Written Premiums by Risk State by Line of Business

Quarterly Property Casualty Data – Commercial Lines

Quarterly Property Casualty Data – Personal Lines and Excess & Surplus Lines

Loss and Loss Expense Analysis – Twelve Months Ended December 31, 2025

Loss and Loss Expense Analysis – Three Months Ended December 31, 2025

Reconciliation Data

Quarterly Property Casualty Data – Consolidated

Quarterly Property Casualty Data – Commercial Lines

Quarterly Property Casualty Data – Personal Lines

Quarterly Property Casualty Data – Excess & Surplus Lines

Statutory Statements of Income

Consolidated Cincinnati Insurance Companies Statutory Statements of Income

The Cincinnati Life Insurance Company Statutory Statements of Income

Other

Quarterly Data – Other

CINF Fourth-Quarter 2025 Supplemental Financial Data

2

Definitions of Non-GAAP Information and

Reconciliation to Comparable GAAP Measures

Cincinnati Financial Corporation prepares its public financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP). Statutory data is prepared in accordance with statutory accounting rules for insurance company regulation in the United States of America as defined by the National Association of Insurance Commissioners’ (NAIC) Accounting Practices and Procedures Manual, and therefore is not reconciled to GAAP data.

Management uses certain non-GAAP financial measures to evaluate its primary business areas – property casualty insurance, life insurance and investments. Management uses these measures when analyzing both GAAP and non-GAAP results to improve its understanding of trends in the underlying business and to help avoid incorrect or misleading assumptions and conclusions about the success or failure of company strategies. Management adjustments to GAAP measures generally: apply to non-recurring events that are unrelated to business performance and distort short-term results; involve values that fluctuate based on events outside of management’s control; supplement reporting segment disclosures with disclosures for a subsidiary company or for a combination of subsidiaries or reporting segments; or relate to accounting refinements that affect comparability between periods, creating a need to analyze data on the same basis.

•Non-GAAP operating income: Non-GAAP operating income is calculated by excluding investment gains and losses (defined as investment gains and losses after applicable federal and state income taxes) and other significant non-recurring items from net income. Management evaluates non-GAAP operating income to measure the success of pricing, rate and underwriting strategies. While investment gains (or losses) are integral to the company’s insurance operations over the long term, the determination to realize investment gains or losses on fixed-maturity securities sold in any period may be subject to management’s discretion and is independent of the insurance underwriting process. Also, under applicable GAAP accounting requirements, gains and losses are recognized from certain changes in market values of securities without actual realization.

Management believes that the level of investment gains or losses for any particular period, while it may be material, may not fully indicate the performance of ongoing underlying business operations in that period.

For these reasons, many investors and shareholders consider non-GAAP operating income to be one of the more meaningful measures for evaluating insurance company performance. Equity analysts who report on the insurance industry and the company generally focus on this metric in their analyses. The company presents non-GAAP operating income so that all investors have what management believes to be a useful supplement to GAAP information.

• Consolidated property casualty insurance results: To supplement reporting segment disclosures related to our property casualty insurance operations, we also evaluate results for those operations on a basis that includes results for our property casualty insurance and brokerage services subsidiaries. That is the total of our commercial lines, personal lines and our excess and surplus lines segments plus our reinsurance assumed operations known as Cincinnati Re and our London-based global specialty underwriter known as Cincinnati Global.

•Life insurance subsidiary results: To supplement life insurance reporting segment disclosures related to our life insurance operation, we also evaluate results for that operation on a basis that includes life insurance subsidiary investment income, or investment income plus investment gains and losses, that are also included in our investments reporting segment. We recognize that assets under management, capital appreciation and investment income are integral to evaluating the success of the life insurance segment because of the long duration of life products.

Other Measures

• Value creation ratio: This is a measure of shareholder value creation that management believes captures the contribution of the company’s insurance operations, the success of its investment strategy and the importance placed on paying cash dividends to shareholders. The value creation ratio measure is made up of two primary components: (1) rate of growth in book value per share plus (2) the ratio of dividends declared per share to beginning book value per share. Management believes this measure is useful, providing a meaningful measure of long-term progress in creating shareholder value. It is intended to be all-inclusive regarding changes in book value per share, and uses originally reported book value per share in cases where book value per share has been adjusted, such as adoption of Accounting Standards Updates with a cumulative effect of a change in accounting.

• Statutory accounting rules: For public reporting, insurance companies prepare financial statements in accordance with GAAP. However, insurers also must calculate certain data according to statutory accounting rules for insurance company regulation in the United States of America as defined in the NAIC’s Accounting Practices and Procedures Manual, which may be, and has been, modified by various state insurance departments and differ from GAAP. Statutory data is publicly available, and various organizations use it to calculate aggregate industry data, study industry trends and compare insurance companies.

• Written premium: Under statutory accounting rules in the U.S., property casualty written premium is the amount recorded for policies issued and recognized on an annualized basis at the effective date of the policy. Management analyzes trends in written premium to assess business efforts. The difference between written and earned premium is unearned premium.

CINF Fourth-Quarter 2025 Supplemental Financial Data

3

Cincinnati Financial Corporation and Subsidiaries

Consolidated Statements of Income for the Twelve Months Ended December 31, 2025

(Dollars in millions)

CFC

CONSOL P&C

CLIC

CFC-I

ELIM

Total

Revenues

Premiums earned:

Property casualty

$

—

$

$

—

$

—

$

—

$

Life

—

—

—

—

Premiums ceded

—

—

—

Total earned premium

—

—

—

Investment income, net of expenses

—

(3)

Investment gains and losses, net

(6)

1

(1)

Fee revenues

—

6

—

—

Other revenues

—

Total revenues

$

$

$

$

$

$

Benefits & expenses

Losses & contract holders' benefits

$

—

$

$

$

—

$

—

$

Reinsurance recoveries

—

—

—

Underwriting, acquisition and insurance expenses

—

—

—

Interest expense

—

—

4

(3)

Other operating expenses

6

—

5

Total expenses

$

$

$

$

9

$

$

Income before income taxes

$

$

$

$

3

$

—

$

Provision (benefit) for income taxes

Current operating income

$

$

$

$

1

$

—

$

1

Capital gains/losses

(1)

—

—

Deferred

(9)

—

—

Total provision for income taxes

$

$

$

$

1

$

—

$

Net income - current year

$

$

$

$

2

$

—

$

Net income - prior year

$

$

$

$

1

$

—

$

*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.

Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Fourth-Quarter 2025 Supplemental Financial Data

4

Cincinnati Financial Corporation and Subsidiaries

Consolidated Statements of Income for the Three Months Ended December 31, 2025

(Dollars in millions)

CFC

CONSOL P&C

CLIC

CFC-I

ELIM

Total

Revenues

Premiums earned:

Property casualty

$

—

$

$

—

$

—

$

—

$

Life

—

—

—

—

Premiums ceded

—

—

—

Total earned premium

—

—

—

Investment income, net of expenses

—

(1)

Investment gains and losses, net

—

1

(1)

Fee revenues

—

3

2

—

—

5

Other revenues

3

5

—

3

(5)

6

Total revenues

$

$

$

$

4

$

(7)

$

Benefits & expenses

Losses & contract holders' benefits

$

—

$

$

$

—

$

(1)

$

Reinsurance recoveries

—

—

1

Underwriting, acquisition and insurance expenses

—

—

—

Interest expense

—

—

1

(1)

Other operating expenses

1

—

1

(6)

7

Total expenses

$

$

$

$

2

$

(7)

$

Income before income taxes

$

$

$

$

2

$

—

$

Provision (benefit) for income taxes

Current operating income

$

$

$

$

1

$

—

$

Capital gains/losses

—

—

—

Deferred

(2)

—

—

Total provision for income taxes

$

$

$

8

$

1

$

—

$

Net income - current year

$

$

$

$

1

$

—

$

Net income - prior year

$

$

$

$

—

$

—

$

*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.

Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Fourth-Quarter 2025 Supplemental Financial Data

5

Cincinnati Financial Corporation

Five-Year Net Income Reconciliation and Key Metrics

(Dollars in millions except per share data)

Years ended December 31,

Net income (loss)

$

$

$

$

$

Less:

Investment gains and losses, net

Income tax on investment gains and losses

Investment gains and losses, after-tax

Non-GAAP operating income

$

$

$

$

$

Non-GAAP operating income: Five-year compound annual growth rate

%

%

%

%

%

Diluted per share data:

Net income (loss)

$

$

$

$

$

Less:

Investment gains and losses, net

Income tax on investment gains and losses

Investment gains and losses, after-tax

Non-GAAP operating income

$

$

$

$

$

Value creation ratio

Book value per share growth

%

%

%

%

%

Shareholder dividend declared as a percentage of beginning book value

Value creation ratio

%

%

%

%

%

Value creation ratio: Five-year average

%

%

%

%

%

Investment income, net of expenses

$

$

$

$

$

*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts.

*Net income (loss) and Net income (loss) per diluted share have been adjusted due to the adoption of an accounting standards update for long-duration contracts for 2022 and 2021.

CINF Fourth-Quarter 2025 Supplemental Financial Data

6

Consolidated Property Casualty

Losses Incurred Detail

(Dollars in millions)

Three months ended

Six months ended

Nine months ended

Twelve months ended

Consolidated

Current accident year losses greater than $5,000,000

$

$

$

$

$

$

$

$

—

$

$

$

$

$

$

Large loss prior accident year reserve development

Total large losses incurred

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Losses incurred but not reported

Other losses excluding catastrophe losses

Catastrophe losses

Total losses incurred

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Commercial Lines

Current accident year losses greater than $5,000,000

$

$

$

5

$

7

$

9

$

$

$

—

$

$

$

$

$

$

Large loss prior accident year reserve development

Total large losses incurred

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Losses incurred but not reported

Other losses excluding catastrophe losses

Catastrophe losses

5

8

Total losses incurred

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Personal Lines

Current accident year losses greater than $5,000,000

$

$

—

$

$

$

$

7

$

—

$

—

$

$

—

$

$

7

$

$

5

Large loss prior accident year reserve development

3

2

—

(1)

(7)

3

2

2

Total large losses incurred

$

$

$

$

$

$

$

8

$

$

$

$

$

$

$

Losses incurred but not reported

Other losses excluding catastrophe losses

Catastrophe losses

6

(4)

Total losses incurred

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Excess & Surplus Lines

Current accident year losses greater than $5,000,000

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

$

—

2

—

—

—

—

2

2

—

—

2

—

4

2

4

Large loss prior accident year reserve development

—

—

—

—

—

—

—

—

—

—

—

—

—

—

Total large losses incurred

$

2

$

—

$

—

$

—

$

—

$

2

$

2

$

—

$

—

$

2

$

—

$

4

$

2

$

4

Losses incurred but not reported

Other losses excluding catastrophe losses

Catastrophe losses

(1)

—

3

—

2

2

3

1

3

4

3

6

2

8

Total losses incurred

$

$

$

$

$

$

$

$

$

$

$

$

$

$

*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. The sum of quarterly amounts may not equal the full year as each is computed independently.

*Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.

CINF Fourth-Quarter 2025 Supplemental Financial Data

7

Consolidated Property Casualty

Loss Ratio Detail

Three months ended

Six months ended

Nine months ended

Twelve months ended

Consolidated

Current accident year losses greater than $5,000,000

%

%

%

%

%

%

%

—

%

%

%

%

%

%

%

Large loss prior accident year reserve development

Total large loss ratio

%

%

%

%

%

%

%

%

%

%

%

%

%

%

Losses incurred but not reported

Other losses excluding catastrophe losses

Catastrophe losses

Total loss ratio

%

%

%

%

%

%

%

%

%

%

%

%

%

%

Commercial Lines

Current accident year losses greater than $5,000,000

%

%

%

%

%

%

%

—

%

%

%

%

%

%

%

Large loss prior accident year reserve development

Total large loss ratio

%

%

%

%

%

%

%

%

%

%

%

%

%

%

Losses incurred but not reported

Other losses excluding catastrophe losses

Catastrophe losses

Total loss ratio

%

%

%

%

%

%

%

%

%

%

%

%

%

%

Personal Lines

Current accident year losses greater than $5,000,000

%

—

%

%

%

%

%

—

%

—

%

%

—

%

%

%

%

%

Large loss prior accident year reserve development

—

Total large loss ratio

%

%

%

%

%

%

%

%

%

%

%

%

%

%

Losses incurred but not reported

Other losses excluding catastrophe losses

Catastrophe losses

Total loss ratio

%

%

%

%

%

%

%

%

%

%

%

%

%

%

Excess & Surplus Lines

Current accident year losses greater than $5,000,000

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

%

—

—

—

—

—

—

—

Large loss prior accident year reserve development

—

—

—

—

—

—

—

—

—

—

—

—

—

Total large loss ratio

%

—

%

—

%

—

%

—