Cincinnati Financial Corporation has a reported total revenue of $1.07bn for the third quarter of 2010, compared to $1.01bn in the same quarter last year.
The company reported net income of $156m, or $0.95 per share, for the third quarter of 2010 compared to $171m, or $1.05 per share, for the same quarter of 2009.
Operating income was $56m, or $0.34per share, compared to $96m, or $0.59per share, for the third quarter of 2009.
Net premium written for the third quarter of the 2010 was $784m, compared to $766m in the same quarter a year ago.
Cincinnati Financial Corporation president and CEO Kenneth Stecher said, the balance sheet strength of Cincinnati Financial Corporation grew as of 30 September 2010, with assets topping $15bn and shareholders’ equity reaching $5bn.