|                    |
|--------------------|
|                    |  |  |
| Investor Contact:  | Media Contact: | Shareholder Contact: |
| Dennis E. McDaniel | Joan O. Shevchik | Molly A. Grimm |
| (513) 870-2768     | (513) 603-5323 | (513) 870-2697 |

|                                                                                                                                            |
|--------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                            |  |  |  |  |
|                                                                                                                                       | A.M. Best | Fitch | Moody's | Standard & Poor's |
| Cincinnati Financial Corporation                                                                                                           |   |   |   |   |
| Corporate Debt                                                                                                                             | a- | BBB+ | A3 | BBB |
|                                                                                                                                       |   |   |   |   |
| The Cincinnati Insurance Companies                                                                                                         |   |   |   |   |
| Insurer Financial Strength                                                                                                                 |   |   |   |   |
|                                                                                                                                       |   |   |   |   |
| Property Casualty Group                                                                                                                    |   |   |   |   |
|       Standard Market Subsidiaries:                                                                          |   |   |   |   |
|              The Cincinnati Insurance Company                             | A+ | A+ | A1 | A |
|              The Cincinnati Indemnity Company                             | A+ | A+ | A1 | A |
|              The Cincinnati Casualty Company                              | A+ | A+ | A1 | A |
|       Surplus Lines Subsidiary:                                                                              |   |   |   |   |
|              The Cincinnati Specialty Underwriters Insurance Company | A | — | — | — |
|                                                                                                                                       |   |   |   |   |
| The Cincinnati Life Insurance Company                                                                                                      | A | A+ | — | A |

----

|                                                     |
|-----------------------------------------------------|
|                                                     |  |  |
|                                                | Cincinnati Financial Corporation |
|                                                | Supplemental Financial Data |
|                                                | Fourth Quarter 2013 |
|                                                |   |   |
|                                                |   | Page |
|                                                | Definitions of Non-GAAP Information and Reconciliation to Comparable GAAP Measures | 3 |
|                                                |   |   |
| Consolidated                                        |   |
|                                                | Quick Reference | 4 |
|                                                | CFC and Subsidiaries Consolidation – Twelve Months Ended December 31, 2013 | 5 |
|                                                | CFC and Subsidiaries Consolidation – Three Months Ended December 31, 2013 | 6 |
|                                                | 5-Year Net Income Reconciliation | 7 |
|                                                | CFC Insurance Subsidiaries – Selected Balance Sheet Data | 8 |
|                                                |   |   |
| Consolidated Property Casualty Insurance Operations |   |
|                                                | Statutory Statements of Income | 9 |
|                                                | Consolidated Cincinnati Insurance Companies – Losses Incurred Detail | 10 |
|                                                | Consolidated Cincinnati Insurance Companies – Loss Ratio Detail | 11 |
|                                                | Consolidated Cincinnati Insurance Companies – Loss Claim Count Detail | 12 |
|                                                | Direct Written Premiums by Line of Business and State | 13 |
|                                                | Quarterly Property Casualty Data – Commercial Lines | 14 |
|                                                | Quarterly Property Casualty Data – Personal Lines and Excess & Surplus Lines | 15 |
|                                                | Loss and Loss Expense Analysis – Twelve Months Ended December 31, 2013 | 16 |
|                                                | Loss and Loss Expense Analysis – Three Months Ended December 31, 2013 | 17 |
|                                                |   |   |
| Reconciliation Data                                 |   |
|                                                | 5-Year Property Casualty Data – Consolidated | 18 |
|                                                | 5-Year Property Casualty Data – Commercial Lines | 19 |
|                                                | 5-Year Property Casualty Data – Personal Lines | 20 |
|                                                | 5-Year Property Casualty Data – Excess & Surplus Lines | 21 |
|                                                | Quarterly Property Casualty Data – Consolidated | 22 |
|                                                | Quarterly Property Casualty Data – Commercial Lines | 23 |
|                                                | Quarterly Property Casualty Data – Personal Lines | 24 |
|                                                | Quarterly Property Casualty Data – Excess & Surplus Lines | 25 |
|                                                |   |   |
| Life Insurance Operations                           |   |
|                                                | Statutory Statements of Income | 26 |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Operating income: Operating income is calculated by excluding net realized investment gains and losses (defined as realized investment gains and losses after applicable federal and state income taxes) from net income. Management evaluates operating income to measure the success of pricing, rate and underwriting strategies. While realized investment gains (or losses) are integral to the company's insurance operations over the long term, the determination to realize investment gains or losses 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 can be recognized from certain changes in market values of securities without actual realization. Management believes that the level of realized 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. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | 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 non-GAAP measure is a useful supplement to GAAP information, 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 as defined in the NAIC's Accounting Practices and Procedures Manual, which may be, and has been, modified by various state insurance departments. 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, 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. Earned premium, used in both statutory and GAAP accounting, is calculated ratably over the policy term. The difference between written and earned premium is unearned premium. |

----

|                                                                              |
|------------------------------------------------------------------------------|
|                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cincinnati Financial Corporation                                             |
| Quick Reference -  Fourth Quarter 2013                                       |
| (all data shown is for the three months ended or as of December 31, 2013)    |
|                                                                         |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   | 12/31/2013 |   | Year over year  change % |   |   |   | 12/31/2013 |   | Year over year change % |
| Revenues:                                                                    |   |   |   |   |   | Benefits and expenses: |   |   |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |
| Commercial lines net written premiums                                        | $ | 635 |  |   | 8 |  |   | Commercial lines loss and loss expenses | $ | 411 |  |   | 34 |  |
| Personal lines net written premiums                                          |   | 239 |  |   | 8 |  |   | Personal lines loss and loss expenses |   | 177 |  |   | 53 |  |
| Excess & surplus lines net written premiums                              |   | 34 |  |   | 26 |  |   | Excess & surplus lines loss and loss expenses |   | 13 |  |   | 30 |  |
|    Property casualty net written premiums                     |   | 908 |  |   | 8 |  |   | Life and health contract holders' benefits incurred |   | 63 |  |   | 29 |  |
| Life and accident and health net written premiums                            |   | 53 |  |   | 0 |  |   | Underwriting, acquisition and insurance expenses |   | 324 |  |   | 9 |  |
| Annuity net written premiums                                                 |   | 9 |  |   | 18 |  |   | Interest expense |   | 14 |  |   | 8 |  |
|    Life, annuity and accident and health net written premiums |   | 62 |  |   | 2 |  |   | Other operating expenses |   | 3 |  |   | (25 | ) |
| Commercial lines net earned premiums                                         |   | 680 |  |   | 10 |  |   | Total benefits and expenses |   | 1,005 |  |   | 26 |  |
| Personal lines net earned premiums                                           |   | 249 |  |   | 10 |  |   | Income before income taxes |   | 167 |  |   | (39 | ) |
| Excess & surplus lines net earned premiums                               |   | 31 |  |   | 24 |  |   | Total income tax |   | 45 |  |   | (44 | ) |
| Property casualty net earned premiums                                        |   | 960 |  |   | 10 |  |   |   |   |   |   |   |
| Life and accident and health net earned premiums                             |   | 65 |  |   | 35 |  |   | Balance Sheet: |   |   |   |   |
| Investment income                                                            |   | 137 |  |   | 1 |  |   |   |   |   |   |   |
| Realized gains on investments                                                |   | 6 |  |   | (54 | ) |   | Fixed maturity securities | $ | 9,169 |  |   |   |
| Fee revenue                                                                  |   | 2 |  |   | (33 | ) |   | Equity securities |   | 4,327 |  |   |   |
| Other revenue                                                                |   | 2 |  |   | 100 |  |   | Other invested assets |   | 68 |  |   |   |
| Total revenues                                                               |   | 1,172 |  |   | 10 |  |   |   Total investments | $ | 13,564 |  |   |   |
|                                                                         |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   | Loss and loss expense reserves | $ | 4,311 |  |   |   |
|                                                                         |   |   |   |   |   | Life policy and investment contract reserves |   | 2,390 |  |   |   |
| Income:                                                                      |   |   |   |   |   | Long-term debt and capital lease obligations |   | 835 |  |   |   |
|                                                                         |   |   |   |   |   | Shareholders' equity |   | 6,070 |  |   |   |
| Operating income                                                             | $ | 119 |  |   | (35 | ) |   |   |   |   |   |   |
| Net realized investment gains and losses                                     |   | 3 |  |   | (67 | ) |   | Key ratios: |   |   |   |   |
| Net income                                                                   |   | 122 |  |   | (36 | ) |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   | Commercial lines GAAP combined ratio |   | 92.7 |  | % |   |
|                                                                         |   |   |   |   |   | Personal lines GAAP combined ratio |   | 100.3 |  |   |   |
|                                                                         |   |   |   |   |   | Excess & surplus lines GAAP combined ratio |   | 70.4 |  |   |   |
|                                                                         |   |   |   |   |   | Property casualty GAAP combined ratio |   | 93.9 |  |   |   |
| Per share (diluted):                                                         |   |   |   |   |   |   |   |   |   |   |
|                                                                         |   |   |   |   |   | Commercial lines STAT combined ratio |   | 94.4 |  | % |   |
| Operating income                                                             | $ | 0.72 |  |   | (35 | ) |   | Personal lines STAT combined ratio |   | 101.5 |  |   |   |
| Net realized investment gains and losses                                     |   | 0.02 |  |   | (67 | ) |   | Excess & surplus lines STAT combined ratio |   | 70.9 |  |   |   |
| Net income                                                                   |   | 0.74 |  |   | (37 | ) |   | Property casualty STAT combined ratio |   | 95.4 |  |   |   |
| Book value                                                                   |   | 37.21 |  |   | 11 |  |   |   |   |   |   |   |
| Weighted average shares outstanding, in thousands                            |   | 165,748 |  |   | 1 |  |   | Value creation ratio |   | 6.0 |  | % |   |

----

|                                                                                                   |
|---------------------------------------------------------------------------------------------------|
|                                                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cincinnati Financial Corporation and Subsidiaries                                                 |
| Consolidated Statements of Income for the Twelve Months Ended December 31, 2013                   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| (In millions)                                                                                     | CFC | CONSOL P&C | CLIC | CFC-I | ELIM | Total |
| Revenues                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|   Premiums earned:                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|     Property casualty                                                         | $ | — |  | $ | 3,914 |  | $ | — |  | $ | — |  | $ | (1 | ) | $ | 3,913 |  |
|     Life                                                                      |   | — |  |   | — |  |   | 242 |  |   | — |  |   | — |  |   | 242 |  |
|     Accident health                                                           |   | — |  |   | — |  |   | 7 |  |   | — |  |   | — |  |   | 7 |  |
|     Premiums ceded                                                            |   | — |  |   | (201 | ) |   | (59 | ) |   | — |  |   | — |  |   | (260 | ) |
|       Total earned premium                                          |   | — |  |   | 3,713 |  |   | 190 |  |   | — |  |   | (1 | ) |   | 3,902 |  |
|   Investment income                                                                     |   | 41 |  |   | 349 |  |   | 139 |  |   | — |  |   | — |  |   | 529 |  |
|   Realized gain on investments                                                          |   | 21 |  |   | 55 |  |   | 6 |  |   | 1 |  |   | — |  |   | 83 |  |
|   Fee revenue                                                                           |   | — |  |   | 4 |  |   | 4 |  |   |  |  |   | — |  |   | 8 |  |
|   Other revenue                                                                         |   | 15 |  |   | 2 |  |   | — |  |   | 7 |  |   | (15 | ) |   | 9 |  |
| Total revenues                                                                                    | $ | 77 |  | $ | 4,123 |  | $ | 339 |  | $ | 8 |  | $ | (16 | ) | $ | 4,531 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Benefits and expenses                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |
|   Losses & policy benefits                                                          | $ | — |  | $ | 2,335 |  | $ | 266 |  | $ | — |  | $ | (1 | ) | $ | 2,600 |  |
|   Reinsurance recoveries                                                                |   | — |  |   | (34 | ) |   | (62 | ) |   | — |  |   | 1 |  |   | (95 | ) |
|   Underwriting, acquisition and insurance expenses                                      |   | — |  |   | 1,183 |  |   | 60 |  |   | — |  |   | — |  |   | 1,243 |  |
|   Interest expenses                                                                     |   | 53 |  |   | — |  |   | — |  |   | 1 |  |   | — |  |   | 54 |  |
|   Other operating expense                                                               |   | 29 |  |   | — |  |   | — |  |   | 2 |  |   | (16 | ) |   | 15 |  |
| Total expenses                                                                                    | $ | 82 |  | $ | 3,484 |  | $ | 264 |  | $ | 3 |  | $ | (16 | ) | $ | 3,817 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) before income taxes                                                                 | $ | (5 | ) | $ | 639 |  | $ | 75 |  | $ | 5 |  | $ | — |  | $ | 714 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision (benefit) for income taxes                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
|   Current operating income                                                              | $ | (12 | ) | $ | 161 |  | $ | (1 | ) | $ | 1 |  | $ | — |  | $ | 149 |  |
|   Capital gains/losses                                                                  |   | 7 |  |   | 20 |  |   | 2 |  |   | — |  |   | — |  |   | 29 |  |
|   Deferred                                                                              |   | (6 | ) |   | (1 | ) |   | 26 |  |   | — |  |   | — |  |   | 19 |  |
| Total provision (benefit) for income taxes                                                        | $ | (11 | ) | $ | 180 |  | $ | 27 |  | $ | 1 |  | $ | — |  | $ | 197 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating income (loss)                                                                           | $ | (8 | ) | $ | 424 |  | $ | 44 |  | $ | 3 |  | $ | — |  | $ | 463 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income - current year                                                                         | $ | 6 |  | $ | 459 |  | $ | 48 |  | $ | 4 |  | $ | — |  | $ | 517 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) - prior year                                                                    | $ | 14 |  | $ | 373 |  | $ | 38 |  | $ | 3 |  | $ | (7 | ) | $ | 421 |  |
|  *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. |   |   |   |   |   |

----

|                                                                                                   |
|---------------------------------------------------------------------------------------------------|
|                                                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cincinnati Financial Corporation and Subsidiaries                                                 |
| Consolidated Statements of Income for the Three Months Ended December 31, 2013                    |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| (In millions)                                                                                     | CFC | CONSOL P&C | CLIC | CFC-I | ELIM | Total |
| Revenues                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
|   Premiums earned:                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |
|     Property casualty                                                         | $ | — |  | $ | 1,011 |  | $ | — |  | $ | — |  | $ | (1 | ) | $ | 1,010 |  |
|     Life                                                                      |   | — |  |   | — |  |   | 81 |  |   | — |  |   | — |  |   | 81 |  |
|     Accident health                                                           |   | — |  |   | — |  |   | 2 |  |   | — |  |   | — |  |   | 2 |  |
|     Premiums ceded                                                            |   | — |  |   | (51 | ) |   | (17 | ) |   | — |  |   | — |  |   | (68 | ) |
|       Total earned premium                                          |   | — |  |   | 960 |  |   | 66 |  |   | — |  |   | (1 | ) |   | 1,025 |  |
|   Investment income                                                                     |   | 13 |  |   | 89 |  |   | 35 |  |   | — |  |   | — |  |   | 137 |  |
|   Realized gain on investments                                                          |   | 1 |  |   | 2 |  |   | 2 |  |   | 1 |  |   | — |  |   | 6 |  |
|   Fee revenue                                                                           |   | — |  |   | 1 |  |   | 1 |  |   | — |  |   | — |  |   | 2 |  |
|   Other revenue                                                                         |   | 4 |  |   | — |  |   | — |  |   | 2 |  |   | (4 | ) |   | 2 |  |
| Total revenues                                                                                    | $ | 18 |  | $ | 1,052 |  | $ | 104 |  | $ | 3 |  | $ | (5 | ) | $ | 1,172 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Benefits and expenses                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |
|   Losses & policy benefits                                                          | $ | — |  | $ | 601 |  | $ | 76 |  | $ | — |  | $ | — |  | $ | 677 |  |
|   Reinsurance recoveries                                                                |   | — |  |   | — |  |   | (13 | ) |   | — |  |   | — |  |   | (13 | ) |
|   Underwriting, acquisition and insurance expenses                                      |   | — |  |   | 300 |  |   | 24 |  |   | — |  |   | — |  |   | 324 |  |
|   Interest expenses                                                                     |   | 14 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 14 |  |
|   Other operating expenses                                                              |   | 6 |  |   | — |  |   | — |  |   | 1 |  |   | (4 | ) |   | 3 |  |
| Total expenses                                                                                    | $ | 20 |  | $ | 901 |  | $ | 87 |  | $ | 1 |  | $ | (4 | ) | $ | 1,005 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Income before income taxes                                                                        | $ | (2 | ) | $ | 151 |  | $ | 17 |  | $ | 2 |  | $ | (1 | ) | $ | 167 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision (benefit) for income taxes                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
|   Current operating income                                                              | $ | (3 | ) | $ | 39 |  | $ | 3 |  | $ | — |  | $ | (1 | ) | $ | 38 |  |
|   Capital gains/losses                                                                  |   | 1 |  |   | — |  |   | 1 |  |   | — |  |   | 1 |  |   | 3 |  |
|   Deferred                                                                              |   | (1 | ) |   | 2 |  |   | 3 |  |   | — |  |   | — |  |   | 4 |  |
| Total provision (benefit) for income taxes                                                        | $ | (3 | ) | $ | 41 |  | $ | 7 |  | $ | — |  | $ | — |  | $ | 45 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating income                                                                                  | $ | 1 |  | $ | 108 |  | $ | 9 |  | $ | 1 |  | $ | — |  | $ | 119 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income - current year                                                                         | $ | 1 |  | $ | 110 |  | $ | 10 |  | $ | 2 |  | $ | (1 | ) | $ | 122 |  |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) - prior year                                                                    | $ | 11 |  | $ | 178 |  | $ | 9 |  | $ | 1 |  | $ | (7 | ) | $ | 192 |  |
|  *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. |   |   |   |   |   |

----

|                                                                                                                                                  |
|--------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cincinnati Financial Corporation                                                                                                                 |
| 5-Year Net Income Reconciliation                                                                                                                 |
| (Dollars in millions except per share data)                                                                                                      | Years ended December 31, |
|                                                                                                                                             | 2013 | 2012 | 2011 | 2010 | 2009 |
|    Net income                                                                                                                     | $ | 517 |  |   | $ | 421 |  |   | $ | 164 |  |   | $ | 375 |  |   | $ | 431 |  |   |
|    Net realized investment gains and losses                                                                                       |   | 54 |  |   |   | 28 |  |   |   | 45 |  |   |   | 103 |  |   |   | 217 |  |   |
|    Operating income                                                                                                               |   | 463 |  |   |   | 393 |  |   |   | 119 |  |   |   | 272 |  |   |   | 214 |  |   |
|    Less catastrophe losses                                                                                                        |   | (112 | ) |   |   | (217 | ) |   |   | (261 | ) |   |   | (96 | ) |   |   | (107 | ) |   |
|    Operating income before catastrophe losses                                                                                     | $ | 575 |  |   | $ | 610 |  |   | $ | 380 |  |   | $ | 368 |  |   | $ | 321 |  |   |
|                                                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted per share data                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net income                                                                                                                     | $ | 3.12 |  |   | $ | 2.57 |  |   | $ | 1.01 |  |   | $ | 2.30 |  |   | $ | 2.65 |  |   |
|    Net realized investment gains and losses                                                                                       |   | 0.32 |  |   |   | 0.17 |  |   |   | 0.28 |  |   |   | 0.63 |  |   |   | 1.33 |  |   |
|    Operating income                                                                                                               |   | 2.80 |  |   |   | 2.40 |  |   |   | 0.73 |  |   |   | 1.67 |  |   |   | 1.32 |  |   |
|    Less catastrophe losses                                                                                                        |   | (0.67 | ) |   |   | (1.33 | ) |   |   | (1.60 | ) |   |   | (0.59 | ) |   |   | (0.66 | ) |   |
|    Operating income before catastrophe losses                                                                                     | $ | 3.47 |  |   | $ | 3.73 |  |   | $ | 2.33 |  |   | $ | 2.26 |  |   | $ | 1.98 |  |   |
|                                                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Value creation ratio                                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Book value per share growth                                                                                                    |   | 11.1 |  | % |   | 7.4 |  | % |   | 0.8 |  | % |   | 5.7 |  | % |   | 13.6 |  | % |
|    Shareholder dividend declared as a percentage of beginning book value                                                          |   | 5.0 |  |   |   | 5.2 |  |   |   | 5.2 |  |   |   | 5.4 |  |   |   | 6.1 |  |   |
|    Value creation ratio                                                                                                           |   | 16.1 |  | % |   | 12.6 |  | % |   | 6.0 |  | % |   | 11.1 |  | % |   | 19.7 |  | % |
|                                                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Investment income                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Investment income, net of expenses                                                                                             | $ | 529 |  |   | $ | 531 |  |   | $ | 525 |  |   | $ | 518 |  |   | $ | 501 |  |   |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. |

----

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cincinnati Financial Corporation Insurance Subsidiaries         |
| Selected Balance Sheet Data                                     |
|                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (In millions)                                                   |   |
|                                                            | 12/31/2013 | 9/30/2013 | 6/30/2013 | 3/31/2013 | 12/31/2012 | 9/30/2012 | 6/30/2012 | 3/31/2012 |
| Cincinnati Insurance Consolidated                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Fixed maturities (fair value)                 | $ | 6,080 |  | $ | 6,039 |  | $ | 5,994 |  | $ | 6,083 |  | $ | 6,030 |  | $ | 6,082 |  | $ | 6,067 |  | $ | 6,004 |  |
|    Equities (fair value)                         |   | 2,942 |  |   | 2,710 |  |   | 2,658 |  |   | 2,645 |  |   | 2,393 |  |   | 2,355 |  |   | 2,246 |  |   | 2,264 |  |
|    Fixed maturities - pretax net unrealized gain |   | 312 |  |   | 344 |  |   | 359 |  |   | 532 |  |   | 551 |  |   | 566 |  |   | 502 |  |   | 482 |  |
|    Equities - pretax net unrealized gain         |   | 1,318 |  |   | 1,086 |  |   | 1,040 |  |   | 1,019 |  |   | 756 |  |   | 769 |  |   | 669 |  |   | 731 |  |
|    Loss and loss expense reserves - STAT         |   | 3,945 |  |   | 3,919 |  |   | 3,888 |  |   | 3,826 |  |   | 3,815 |  |   | 3,938 |  |   | 4,006 |  |   | 3,938 |  |
|    Equity - GAAP                                 |   | 5,324 |  |   | 5,188 |  |   | 5,143 |  |   | 5,288 |  |   | 5,056 |  |   | 4,965 |  |   | 4,794 |  |   | 4,864 |  |
|    Surplus - STAT                                |   | 4,325 |  |   | 4,173 |  |   | 4,142 |  |   | 4,131 |  |   | 3,914 |  |   | 3,815 |  |   | 3,722 |  |   | 3,835 |  |
|                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| The Cincinnati Life Insurance Company                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Fixed maturities (fair value)                 | $ | 2,946 |  | $ | 2,906 |  | $ | 2,900 |  | $ | 2,979 |  | $ | 2,953 |  | $ | 2,911 |  | $ | 2,821 |  | $ | 2,736 |  |
|    Equities (fair value)                         |   | 13 |  |   | 13 |  |   | 13 |  |   | 18 |  |   | 17 |  |   | 17 |  |   | 17 |  |   | 17 |  |
|    Fixed maturities - pretax net unrealized gain |   | 148 |  |   | 169 |  |   | 181 |  |   | 285 |  |   | 291 |  |   | 289 |  |   | 242 |  |   | 223 |  |
|    Equities - pretax net unrealized gain         |   | 6 |  |   | 6 |  |   | 6 |  |   | 8 |  |   | 8 |  |   | 7 |  |   | 7 |  |   | 7 |  |
|    Equity - GAAP                                 |   | 833 |  |   | 835 |  |   | 828 |  |   | 869 |  |   | 857 |  |   | 850 |  |   | 811 |  |   | 792 |  |
|    Surplus - STAT                                |   | 247 |  |   | 256 |  |   | 272 |  |   | 268 |  |   | 276 |  |   | 277 |  |   | 281 |  |   | 281 |  |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Statutory Statements of Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | For the Three Months Ended December 31, | For the Twelve Months Ended December 31, |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 2013 | 2012 | Change | % Change | 2013 | 2012 | Change | % Change |
| Underwriting income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net premiums written                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 908 |  | $ | 837 |  | $ | 71 |  | 8 |  | $ | 3,893 |  | $ | 3,482 |  | $ | 411 |  | 12 |  |
| Unearned premiums increase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | (52 | ) |   | (32 | ) |   | (20 | ) | (63 | ) |   | 180 |  |   | 138 |  |   | 42 |  | 30 |  |
| Earned premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | $ | 960 |  | $ | 869 |  | $ | 91 |  | 10 |  | $ | 3,713 |  | $ | 3,344 |  | $ | 369 |  | 11 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Losses incurred                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | $ | 495 |  | $ | 353 |  | $ | 142 |  | 40 |  | $ | 1,935 |  | $ | 1,799 |  | $ | 136 |  | 8 |  |
| Allocated loss expenses incurred                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 45 |  |   | 30 |  |   | 15 |  | 50 |  |   | 131 |  |   | 143 |  |   | (12 | ) | (8 | ) |
| Unallocated loss expenses incurred                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 61 |  |   | 51 |  |   | 10 |  | 20 |  |   | 235 |  |   | 196 |  |   | 39 |  | 20 |  |
| Other underwriting expenses incurred                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 295 |  |   | 271 |  |   | 24 |  | 9 |  |   | 1,185 |  |   | 1,082 |  |   | 103 |  | 10 |  |
| Workers compensation dividend incurred                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | 5 |  |   | 5 |  |   | — |  | nm |  |   | 16 |  |   | 16 |  |   | — |  | nm |  |
| Total underwriting deductions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | $ | 901 |  | $ | 710 |  | $ | 191 |  | 27 |  | $ | 3,502 |  | $ | 3,236 |  | $ | 266 |  | 8 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net underwriting profit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | $ | 59 |  | $ | 159 |  | $ | (100 | ) | (63 | ) | $ | 211 |  | $ | 108 |  | $ | 103 |  | 95 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Investment income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gross investment income earned                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | $ | 92 |  | $ | 93 |  | $ | (1 | ) | (1 | ) | $ | 360 |  | $ | 363 |  | $ | (3 | ) | (1 | ) |
| Net investment income earned                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 90 |  |   | 92 |  |   | (2 | ) | (2 | ) |   | 354 |  |   | 358 |  |   | (4 | ) | (1 | ) |
| Net realized capital gains                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | 1 |  |   | 7 |  |   | (6 | ) | (86 | ) |   | 40 |  |   | 13 |  |   | 27 |  | 208 |  |
| Net investment gains (net of tax)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | $ | 91 |  | $ | 99 |  | $ | (8 | ) | (8 | ) | $ | 394 |  | $ | 371 |  | $ | 23 |  | 6 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | $ | 2 |  | $ | 2 |  | $ | — |  | nm |  | $ | 5 |  | $ | 6 |  | $ | (1 | ) | nm |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income before federal income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | $ | 152 |  | $ | 260 |  | $ | (108 | ) | (42 | ) | $ | 610 |  | $ | 485 |  | $ | 125 |  | 26 |  |
| Federal and foreign income taxes incurred                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | $ | 37 |  | $ | 75 |  | $ | (38 | ) | (51 | ) | $ | 162 |  | $ | 132 |  | $ | 30 |  | 23 |  |
| Net income (statutory)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | $ | 115 |  | $ | 185 |  | $ | (70 | ) | (38 | ) | $ | 448 |  | $ | 353 |  | $ | 95 |  | 27 |  |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. *nm - Not meaningful*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.                                                                                                                                                                                                                                                      *Excludes CSU Producer Resources Inc. |

----

|                                                                                                                                                                                                                                                                                                                                                                                   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                       |
| Losses Incurred Detail                                                                                                                                                                                                                                                                                                                                                            |
| (In millions)                                                                                                                                                                                                                                                                                                                                                                     | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                                                                                                                                                                                                                                                                                                              | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Consolidated                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                                                                                                                                                                                                                                                                                                | $ | 19 |  | $ | 16 |  | $ | 13 |  | $ | 34 |  | $ | 32 |  | $ | 21 |  | $ | 4 |  | $ | 10 |  | $ | 47 |  | $ | 15 |  | $ | 63 |  | $ | 36 |  | $ | 82 |  | $ | 68 |  |
| New losses $1,000,000-$4,000,000                                                                                                                                                                                                                                                                                                                                                  |   | 59 |  |   | 46 |  |   | 33 |  |   | 35 |  |   | 44 |  |   | 39 |  |   | 47 |  |   | 31 |  |   | 68 |  |   | 78 |  |   | 114 |  |   | 117 |  |   | 173 |  |   | 161 |  |
| New losses $250,000-$1,000,000                                                                                                                                                                                                                                                                                                                                                    |   | 58 |  |   | 52 |  |   | 48 |  |   | 56 |  |   | 53 |  |   | 50 |  |   | 58 |  |   | 43 |  |   | 104 |  |   | 102 |  |   | 156 |  |   | 152 |  |   | 214 |  |   | 205 |  |
| Case reserve development above $250,000                                                                                                                                                                                                                                                                                                                                           |   | 84 |  |   | 60 |  |   | 75 |  |   | 48 |  |   | 68 |  |   | 60 |  |   | 55 |  |   | 67 |  |   | 123 |  |   | 122 |  |   | 183 |  |   | 182 |  |   | 267 |  |   | 250 |  |
|    Large losses subtotal                                                                                                                                                                                                                                                                                                                                           | $ | 220 |  | $ | 174 |  | $ | 169 |  | $ | 173 |  | $ | 197 |  | $ | 170 |  | $ | 164 |  | $ | 151 |  | $ | 342 |  | $ | 317 |  | $ | 516 |  | $ | 487 |  | $ | 736 |  | $ | 684 |  |
| IBNR incurred                                                                                                                                                                                                                                                                                                                                                                     |   | 45 |  |   | 21 |  |   | 23 |  |   | 28 |  |   | (22 | ) |   | (25 | ) |   | 7 |  |   | 19 |  |   | 51 |  |   | 26 |  |   | 73 |  |   | 2 |  |   | 118 |  |   | (20 | ) |
| Catastrophe losses incurred                                                                                                                                                                                                                                                                                                                                                       |   | 29 |  |   | 53 |  |   | 74 |  |   | 10 |  |   | 26 |  |   | 62 |  |   | 146 |  |   | 89 |  |   | 84 |  |   | 233 |  |   | 137 |  |   | 295 |  |   | 166 |  |   | 321 |  |
| Remaining incurred                                                                                                                                                                                                                                                                                                                                                                |   | 200 |  |   | 245 |  |   | 247 |  |   | 224 |  |   | 152 |  |   | 242 |  |   | 234 |  |   | 187 |  |   | 471 |  |   | 421 |  |   | 715 |  |   | 662 |  |   | 915 |  |   | 814 |  |
|    Total losses incurred                                                                                                                                                                                                                                                                                                                                           | $ | 494 |  | $ | 493 |  | $ | 513 |  | $ | 435 |  | $ | 353 |  | $ | 449 |  | $ | 551 |  | $ | 446 |  | $ | 948 |  | $ | 997 |  | $ | 1,441 |  | $ | 1,446 |  | $ | 1,935 |  | $ | 1,799 |  |
| Commercial Lines                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                                                                                                                                                                                                                                                                                                | $ | 19 |  | $ | 16 |  | $ | 13 |  | $ | 34 |  | $ | 32 |  | $ | 21 |  | $ | 4 |  | $ | 10 |  | $ | 47 |  | $ | 15 |  | $ | 63 |  | $ | 36 |  | $ | 82 |  | $ | 68 |  |
| New losses $1,000,000-$4,000,000                                                                                                                                                                                                                                                                                                                                                  |   | 47 |  |   | 31 |  |   | 29 |  |   | 30 |  |   | 36 |  |   | 30 |  |   | 33 |  |   | 24 |  |   | 59 |  |   | 56 |  |   | 90 |  |   | 86 |  |   | 137 |  |   | 122 |  |
| New losses $250,000-$1,000,000                                                                                                                                                                                                                                                                                                                                                    |   | 44 |  |   | 36 |  |   | 33 |  |   | 41 |  |   | 37 |  |   | 33 |  |   | 36 |  |   | 31 |  |   | 74 |  |   | 68 |  |   | 110 |  |   | 101 |  |   | 154 |  |   | 138 |  |
| Case reserve development above $250,000                                                                                                                                                                                                                                                                                                                                           |   | 76 |  |   | 52 |  |   | 71 |  |   | 42 |  |   | 63 |  |   | 56 |  |   | 51 |  |   | 64 |  |   | 113 |  |   | 115 |  |   | 165 |  |   | 171 |  |   | 241 |  |   | 234 |  |
|    Large losses subtotal                                                                                                                                                                                                                                                                                                                                           | $ | 186 |  | $ | 135 |  | $ | 146 |  | $ | 147 |  | $ | 168 |  | $ | 140 |  | $ | 124 |  | $ | 129 |  | $ | 293 |  | $ | 254 |  | $ | 428 |  | $ | 394 |  | $ | 614 |  | $ | 562 |  |
| IBNR incurred                                                                                                                                                                                                                                                                                                                                                                     |   | 30 |  |   | 40 |  |   | 28 |  |   | 23 |  |   | 1 |  |   | (21 | ) |   | 6 |  |   | — |  |   | 51 |  |   | 6 |  |   | 92 |  |   | (14 | ) |   | 122 |  |   | (13 | ) |
| Catastrophe losses incurred                                                                                                                                                                                                                                                                                                                                                       |   | 11 |  |   | 36 |  |   | 44 |  |   | 2 |  |   | 17 |  |   | 43 |  |   | 89 |  |   | 39 |  |   | 46 |  |   | 127 |  |   | 82 |  |   | 170 |  |   | 93 |  |   | 187 |  |
| Remaining incurred                                                                                                                                                                                                                                                                                                                                                                |   | 104 |  |   | 137 |  |   | 136 |  |   | 127 |  |   | 65 |  |   | 138 |  |   | 132 |  |   | 105 |  |   | 263 |  |   | 237 |  |   | 399 |  |   | 374 |  |   | 503 |  |   | 439 |  |
|    Total losses incurred                                                                                                                                                                                                                                                                                                                                           | $ | 331 |  | $ | 348 |  | $ | 354 |  | $ | 299 |  | $ | 251 |  | $ | 300 |  | $ | 351 |  | $ | 273 |  | $ | 653 |  | $ | 624 |  | $ | 1,001 |  | $ | 924 |  | $ | 1,332 |  | $ | 1,175 |  |
| Personal Lines                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                                                                                                                                                                                                                                                                                                | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |
| New losses $1,000,000-$4,000,000                                                                                                                                                                                                                                                                                                                                                  |   | 11 |  |   | 14 |  |   | 2 |  |   | 4 |  |   | 8 |  |   | 9 |  |   | 13 |  |   | 5 |  |   | 6 |  |   | 18 |  |   | 20 |  |   | 27 |  |   | 31 |  |   | 35 |  |
| New losses $250,000-$1,000,000                                                                                                                                                                                                                                                                                                                                                    |   | 12 |  |   | 14 |  |   | 9 |  |   | 12 |  |   | 13 |  |   | 14 |  |   | 18 |  |   | 8 |  |   | 21 |  |   | 26 |  |   | 35 |  |   | 40 |  |   | 47 |  |   | 53 |  |
| Case reserve development above $250,000                                                                                                                                                                                                                                                                                                                                           |   | 8 |  |   | 6 |  |   | 4 |  |   | 6 |  |   | 4 |  |   | 1 |  |   | 3 |  |   | 2 |  |   | 10 |  |   | 5 |  |   | 16 |  |   | 6 |  |   | 24 |  |   | 10 |  |
|    Large losses subtotal                                                                                                                                                                                                                                                                                                                                           | $ | 31 |  | $ | 34 |  | $ | 15 |  | $ | 22 |  | $ | 25 |  | $ | 24 |  | $ | 34 |  | $ | 15 |  | $ | 37 |  | $ | 49 |  | $ | 71 |  | $ | 73 |  | $ | 102 |  | $ | 98 |  |
| IBNR incurred                                                                                                                                                                                                                                                                                                                                                                     |   | 8 |  |   | (27 | ) |   | (5 | ) |   | — |  |   | (24 | ) |   | (10 | ) |   | (4 | ) |   | 14 |  |   | (5 | ) |   | 11 |  |   | (32 | ) |   | — |  |   | (24 | ) |   | (24 | ) |
| Catastrophe losses incurred                                                                                                                                                                                                                                                                                                                                                       |   | 18 |  |   | 17 |  |   | 29 |  |   | 8 |  |   | 9 |  |   | 18 |  |   | 56 |  |   | 49 |  |   | 37 |  |   | 105 |  |   | 54 |  |   | 123 |  |   | 72 |  |   | 132 |  |
| Remaining incurred                                                                                                                                                                                                                                                                                                                                                                |   | 98 |  |   | 108 |  |   | 105 |  |   | 94 |  |   | 87 |  |   | 101 |  |   | 100 |  |   | 81 |  |   | 199 |  |   | 181 |  |   | 307 |  |   | 283 |  |   | 405 |  |   | 370 |  |
|    Total losses incurred                                                                                                                                                                                                                                                                                                                                           | $ | 155 |  | $ | 132 |  | $ | 144 |  | $ | 124 |  | $ | 97 |  | $ | 133 |  | $ | 186 |  | $ | 159 |  | $ | 268 |  | $ | 346 |  | $ | 400 |  | $ | 479 |  | $ | 555 |  | $ | 576 |  |
| Excess & Surplus Lines                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                                                                                                                                                                                                                                                                                                | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  |
| New losses $1,000,000-$4,000,000                                                                                                                                                                                                                                                                                                                                                  |   | 1 |  |   | 1 |  |   | 2 |  |   | 1 |  |   | — |  |   | 1 |  |   | 1 |  |   | 2 |  |   | 3 |  |   | 3 |  |   | 4 |  |   | 4 |  |   | 5 |  |   | 4 |  |
| New losses $250,000-$1,000,000                                                                                                                                                                                                                                                                                                                                                    |   | 2 |  |   | 2 |  |   | 6 |  |   | 3 |  |   | 3 |  |   | 3 |  |   | 4 |  |   | 4 |  |   | 9 |  |   | 8 |  |   | 11 |  |   | 11 |  |   | 13 |  |   | 14 |  |
| Case reserve development above $250,000                                                                                                                                                                                                                                                                                                                                           |   | — |  |   | 2 |  |   | — |  |   | — |  |   | 1 |  |   | 2 |  |   | 1 |  |   | 1 |  |   | — |  |   | 3 |  |   | 2 |  |   | 5 |  |   | 2 |  |   | 6 |  |
|    Large losses subtotal                                                                                                                                                                                                                                                                                                                                           | $ | 3 |  | $ | 5 |  | $ | 8 |  | $ | 4 |  | $ | 4 |  | $ | 6 |  | $ | 6 |  | $ | 7 |  | $ | 12 |  | $ | 14 |  | $ | 17 |  | $ | 20 |  | $ | 20 |  | $ | 24 |  |
| IBNR incurred                                                                                                                                                                                                                                                                                                                                                                     |   | 8 |  |   | 8 |  |   | — |  |   | 5 |  |   | 1 |  |   | 6 |  |   | 5 |  |   | 5 |  |   | 5 |  |   | 9 |  |   | 13 |  |   | 16 |  |   | 21 |  |   | 17 |  |
| Catastrophe losses incurred                                                                                                                                                                                                                                                                                                                                                       |   | — |  |   | — |  |   | 1 |  |   | — |  |   | — |  |   | — |  |   | 1 |  |   | 1 |  |   | 1 |  |   | 2 |  |   | 1 |  |   | 2 |  |   | 1 |  |   | 2 |  |
| Remaining incurred                                                                                                                                                                                                                                                                                                                                                                |   | (3 | ) |   | — |  |   | 6 |  |   | 3 |  |   | — |  |   | 3 |  |   | 2 |  |   | 1 |  |   | 9 |  |   | 3 |  |   | 9 |  |   | 5 |  |   | 6 |  |   | 5 |  |
|    Total losses incurred                                                                                                                                                                                                                                                                                                                                           | $ | 8 |  | $ | 13 |  | $ | 15 |  | $ | 12 |  | $ | 5 |  | $ | 15 |  | $ | 14 |  | $ | 14 |  | $ | 27 |  | $ | 28 |  | $ | 40 |  | $ | 43 |  | $ | 48 |  | $ | 48 |  |
|                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| *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 computedindependently. *Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. |

----

|                                                                                                    |
|----------------------------------------------------------------------------------------------------|
|                                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                        |
| Loss Ratio Detail                                                                                  |
|                                                                                               | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                               | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Consolidated                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                 | 2.0 | % | 1.7 | % | 1.4 | % | 3.8 | % | 3.7 | % | 2.5 | % | 0.5 | % | 1.3 | % | 2.6 | % | 0.9 | % | 2.3 | % | 1.4 | % | 2.2 | % | 2.0 | % |
| New losses $1,000,000-$4,000,000                                                                   | 6.2 |   | 4.9 |   | 3.7 |   | 3.9 |   | 5.0 |   | 4.6 |   | 5.7 |   | 3.9 |   | 3.8 |   | 4.8 |   | 4.1 |   | 4.7 |   | 4.7 |   | 4.8 |   |
| New losses $250,000-$1,000,000                                                                     | 6.1 |   | 5.4 |   | 5.3 |   | 6.3 |   | 6.1 |   | 5.9 |   | 7.1 |   | 5.5 |   | 5.8 |   | 6.2 |   | 5.6 |   | 6.2 |   | 5.8 |   | 6.1 |   |
| Case reserve development above $250,000                                                            | 8.7 |   | 6.3 |   | 8.2 |   | 5.4 |   | 7.8 |   | 7.0 |   | 6.7 |   | 8.3 |   | 6.8 |   | 7.5 |   | 6.7 |   | 7.4 |   | 7.1 |   | 7.5 |   |
|    Large losses subtotal                                                            | 23.0 | % | 18.3 | % | 18.6 | % | 19.4 | % | 22.6 | % | 20.0 | % | 20.0 | % | 19.0 | % | 19.0 | % | 19.4 | % | 18.7 | % | 19.7 | % | 19.8 | % | 20.4 | % |
| IBNR incurred                                                                                      | 4.7 |   | 2.3 |   | 2.5 |   | 3.2 |   | (2.4) |   | (2.9) |   | 0.9 |   | 2.3 |   | 2.8 |   | 1.6 |   | 2.6 |   | 0.1 |   | 3.2 |   | (0.6) |   |
| Total catastrophe losses incurred                                                                  | 3.0 |   | 5.5 |   | 8.2 |   | 1.1 |   | 2.9 |   | 7.3 |   | 17.6 |   | 11.1 |   | 4.7 |   | 14.5 |   | 5.0 |   | 11.9 |   | 4.5 |   | 9.6 |   |
| Remaining incurred                                                                                 | 20.9 |   | 25.6 |   | 27.0 |   | 25.2 |   | 17.5 |   | 28.4 |   | 28.2 |   | 23.5 |   | 26.2 |   | 25.9 |   | 26.0 |   | 26.7 |   | 24.6 |   | 24.4 |   |
|    Total loss ratio                                                                 | 51.6 | % | 51.7 | % | 56.3 | % | 48.9 | % | 40.6 | % | 52.8 | % | 66.7 | % | 55.9 | % | 52.7 | % | 61.4 | % | 52.3 | % | 58.4 | % | 52.1 | % | 53.8 | % |
| Commercial Lines                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                 | 2.8 | % | 2.4 | % | 1.9 | % | 5.4 | % | 5.3 | % | 3.4 | % | 0.7 | % | 1.9 | % | 3.7 | % | 1.3 | % | 3.2 | % | 2.0 | % | 3.1 | % | 2.9 | % |
| New losses $1,000,000-$4,000,000                                                                   | 6.9 |   | 4.7 |   | 4.5 |   | 4.7 |   | 5.7 |   | 4.9 |   | 5.5 |   | 4.2 |   | 4.6 |   | 4.9 |   | 4.6 |   | 4.9 |   | 5.2 |   | 5.1 |   |
| New losses $250,000-$1,000,000                                                                     | 6.5 |   | 5.2 |   | 5.2 |   | 6.5 |   | 5.9 |   | 5.5 |   | 6.2 |   | 5.5 |   | 5.8 |   | 5.9 |   | 5.6 |   | 5.8 |   | 5.8 |   | 5.8 |   |
| Case reserve development above $250,000                                                            | 11.2 |   | 7.5 |   | 11.1 |   | 6.7 |   | 10.1 |   | 9.3 |   | 8.7 |   | 11.2 |   | 8.9 |   | 9.9 |   | 8.4 |   | 9.7 |   | 9.2 |   | 9.8 |   |
|    Large losses subtotal                                                            | 27.4 | % | 19.8 | % | 22.7 | % | 23.3 | % | 27.0 | % | 23.1 | % | 21.1 | % | 22.8 | % | 23.0 | % | 22.0 | % | 21.8 | % | 22.4 | % | 23.3 | % | 23.6 | % |
| IBNR incurred                                                                                      | 4.5 |   | 6.0 |   | 4.3 |   | 3.7 |   | 0.3 |   | (3.4) |   | 1.1 |   | 0.0 |   | 4.0 |   | 0.5 |   | 4.7 |   | (0.8) |   | 4.7 |   | (0.5) |   |
| Total catastrophe losses incurred                                                                  | 1.6 |   | 5.2 |   | 6.9 |   | 0.3 |   | 2.7 |   | 7.1 |   | 15.1 |   | 6.8 |   | 3.6 |   | 11.0 |   | 4.2 |   | 9.6 |   | 3.5 |   | 7.8 |   |
| Remaining incurred                                                                                 | 15.3 |   | 20.2 |   | 21.0 |   | 20.0 |   | 10.5 |   | 22.7 |   | 22.3 |   | 18.4 |   | 20.6 |   | 20.5 |   | 20.4 |   | 21.2 |   | 19.1 |   | 18.4 |   |
|    Total loss ratio                                                                 | 48.8 | % | 51.2 | % | 54.9 | % | 47.3 | % | 40.5 | % | 49.5 | % | 59.6 | % | 48.0 | % | 51.2 | % | 54.0 | % | 51.1 | % | 52.4 | % | 50.6 | % | 49.3 | % |
| Personal Lines                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                 | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % |
| New losses $1,000,000-$4,000,000                                                                   | 4.8 |   | 5.6 |   | 0.9 |   | 1.6 |   | 3.8 |   | 3.7 |   | 6.4 |   | 2.3 |   | 1.2 |   | 4.4 |   | 2.7 |   | 4.1 |   | 3.3 |   | 4.1 |   |
| New losses $250,000-$1,000,000                                                                     | 4.7 |   | 5.5 |   | 3.8 |   | 5.4 |   | 5.9 |   | 6.1 |   | 8.4 |   | 4.0 |   | 4.6 |   | 6.2 |   | 4.9 |   | 6.2 |   | 4.8 |   | 6.1 |   |
| Case reserve development above $250,000                                                            | 2.6 |   | 3.0 |   | 1.6 |   | 2.4 |   | 2.1 |   | 0.5 |   | 1.2 |   | 0.9 |   | 2.0 |   | 1.1 |   | 2.3 |   | 0.9 |   | 2.4 |   | 1.2 |   |
|    Large losses subtotal                                                            | 12.1 | % | 14.1 | % | 6.3 | % | 9.4 | % | 11.8 | % | 10.3 | % | 16.0 | % | 7.2 | % | 7.8 | % | 11.7 | % | 9.9 | % | 11.2 | % | 10.5 | % | 11.4 | % |
| IBNR incurred                                                                                      | 3.3 |   | (11.1) |   | (2.2) |   | 0.2 |   | (10.8) |   | (4.6) |   | (1.6) |   | 6.6 |   | (1.1) |   | 2.5 |   | (4.5) |   | 0.1 |   | (2.4) |   | (2.8) |   |
| Total catastrophe losses incurred                                                                  | 7.6 |   | 6.7 |   | 12.4 |   | 3.3 |   | 3.5 |   | 8.8 |   | 26.2 |   | 23.3 |   | 7.9 |   | 24.8 |   | 7.5 |   | 19.3 |   | 7.5 |   | 15.2 |   |
| Remaining incurred                                                                                 | 39.6 |   | 44.3 |   | 44.1 |   | 40.7 |   | 38.8 |   | 46.2 |   | 46.6 |   | 39.1 |   | 42.6 |   | 42.8 |   | 43.1 |   | 44.0 |   | 42.2 |   | 42.6 |   |
|    Total loss ratio                                                                 | 62.6 | % | 54.0 | % | 60.6 | % | 53.6 | % | 43.3 | % | 60.7 | % | 87.2 | % | 76.2 | % | 57.2 | % | 81.8 | % | 56.0 | % | 74.6 | % | 57.8 | % | 66.4 | % |
| Excess & Surplus Lines                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                                 | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % |
| New losses $1,000,000-$4,000,000                                                                   | 3.3 |   | 3.6 |   | 7.8 |   | 4.2 |   | 0.0 |   | 4.3 |   | 4.4 |   | 11.1 |   | 6.1 |   | 7.7 |   | 5.2 |   | 6.5 |   | 4.7 |   | 4.7 |   |
| New losses $250,000-$1,000,000                                                                     | 9.0 |   | 7.3 |   | 19.7 |   | 11.1 |   | 11.1 |   | 15.0 |   | 16.5 |   | 17.7 |   | 15.5 |   | 17.1 |   | 12.6 |   | 16.3 |   | 11.6 |   | 14.9 |   |
| Case reserve development above $250,000                                                            | 1.5 |   | 4.5 |   | 1.0 |   | 1.0 |   | 2.7 |   | 8.8 |   | 6.4 |   | 5.6 |   | 1.0 |   | 6.0 |   | 2.2 |   | 7.0 |   | 2.0 |   | 5.9 |   |
|    Large losses subtotal                                                            | 13.8 | % | 15.4 | % | 28.5 | % | 16.3 | % | 13.8 | % | 28.1 | % | 27.3 | % | 34.4 | % | 22.6 | % | 30.8 | % | 20.0 | % | 29.8 | % | 18.3 | % | 25.5 | % |
| IBNR incurred                                                                                      | 21.6 |   | 26.9 |   | 1.1 |   | 17.0 |   | 6.0 |   | 25.9 |   | 21.0 |   | 22.2 |   | 8.9 |   | 21.6 |   | 15.3 |   | 23.2 |   | 17.0 |   | 18.5 |   |
| Total catastrophe losses incurred                                                                  | (1.7) |   | 2.4 |   | 1.9 |   | 0.4 |   | 1.2 |   | 0.5 |   | 3.4 |   | 3.7 |   | 1.1 |   | 3.5 |   | 1.6 |   | 2.4 |   | 0.7 |   | 2.1 |   |
| Remaining incurred                                                                                 | (9.0) |   | (1.2) |   | 20.6 |   | 13.5 |   | (1.5) |   | 10.0 |   | 8.1 |   | 5.4 |   | 17.1 |   | 6.8 |   | 10.6 |   | 7.9 |   | 5.3 |   | 5.4 |   |
|    Total loss ratio                                                                 | 24.7 | % | 43.5 | % | 52.1 | % | 47.2 | % | 19.5 | % | 64.5 | % | 59.8 | % | 65.7 | % | 49.7 | % | 62.7 | % | 47.5 | % | 63.3 | % | 41.3 | % | 51.5 | % |
| *Certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. |

----

|                                                                                              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                  |
| Loss Claim Count Detail                                                                      |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                         | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                         | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Consolidated                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                           | 3 |  |   | 3 |  |   | 2 |  |   | 5 |  |   | 6 |  |   | 4 |  |   | 1 |  |   | 2 |  |   | 7 |  |   | 3 |  |   | 10 |  |   | 7 |  |   | 13 |  |   | 13 |  |   |
| New losses $1,000,000-$4,000,000                                                             | 33 |  |   | 28 |  |   | 21 |  |   | 21 |  |   | 28 |  |   | 27 |  |   | 29 |  |   | 19 |  |   | 42 |  |   | 48 |  |   | 70 |  |   | 75 |  |   | 103 |  |   | 103 |  |   |
| New losses $250,000-$1,000,000                                                               | 140 |  |   | 125 |  |   | 107 |  |   | 116 |  |   | 118 |  |   | 116 |  |   | 130 |  |   | 101 |  |   | 223 |  |   | 231 |  |   | 348 |  |   | 347 |  |   | 488 |  |   | 465 |  |   |
| Case reserve development above $250,000                                                      | 126 |  |   | 95 |  |   | 92 |  |   | 69 |  |   | 99 |  |   | 86 |  |   | 78 |  |   | 86 |  |   | 161 |  |   | 164 |  |   | 256 |  |   | 250 |  |   | 382 |  |   | 349 |  |   |
|    Large losses total                                                         | 302 |  |   | 251 |  |   | 222 |  |   | 211 |  |   | 251 |  |   | 233 |  |   | 238 |  |   | 208 |  |   | 433 |  |   | 446 |  |   | 684 |  |   | 679 |  |   | 986 |  |   | 930 |  |   |
| Commercial Lines                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                           | 3 |  |   | 3 |  |   | 2 |  |   | 5 |  |   | 6 |  |   | 4 |  |   | 1 |  |   | 2 |  |   | 7 |  |   | 3 |  |   | 10 |  |   | 7 |  |   | 13 |  |   | 13 |  |   |
| New losses $1,000,000-$4,000,000                                                             | 24 |  |   | 18 |  |   | 17 |  |   | 17 |  |   | 22 |  |   | 21 |  |   | 18 |  |   | 15 |  |   | 34 |  |   | 33 |  |   | 52 |  |   | 54 |  |   | 76 |  |   | 76 |  |   |
| New losses $250,000-$1,000,000                                                               | 106 |  |   | 85 |  |   | 74 |  |   | 86 |  |   | 82 |  |   | 78 |  |   | 77 |  |   | 70 |  |   | 160 |  |   | 147 |  |   | 245 |  |   | 225 |  |   | 351 |  |   | 307 |  |   |
| Case reserve development above $250,000                                                      | 114 |  |   | 77 |  |   | 83 |  |   | 56 |  |   | 86 |  |   | 79 |  |   | 64 |  |   | 81 |  |   | 139 |  |   | 145 |  |   | 216 |  |   | 224 |  |   | 330 |  |   | 310 |  |   |
|    Large losses total                                                         | 247 |  |   | 183 |  |   | 176 |  |   | 164 |  |   | 196 |  |   | 182 |  |   | 160 |  |   | 168 |  |   | 340 |  |   | 328 |  |   | 523 |  |   | 510 |  |   | 770 |  |   | 706 |  |   |
| Personal Lines                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                           | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   |
| New losses $1,000,000-$4,000,000                                                             | 8 |  |   | 9 |  |   | 2 |  |   | 3 |  |   | 6 |  |   | 5 |  |   | 10 |  |   | 2 |  |   | 5 |  |   | 12 |  |   | 14 |  |   | 17 |  |   | 22 |  |   | 23 |  |   |
| New losses $250,000-$1,000,000                                                               | 27 |  |   | 34 |  |   | 19 |  |   | 24 |  |   | 29 |  |   | 31 |  |   | 44 |  |   | 21 |  |   | 43 |  |   | 65 |  |   | 77 |  |   | 96 |  |   | 104 |  |   | 125 |  |   |
| Case reserve development above $250,000                                                      | 11 |  |   | 15 |  |   | 8 |  |   | 12 |  |   | 11 |  |   | 3 |  |   | 8 |  |   | 4 |  |   | 20 |  |   | 12 |  |   | 35 |  |   | 15 |  |   | 46 |  |   | 26 |  |   |
|    Large losses total                                                         | 46 |  |   | 58 |  |   | 29 |  |   | 39 |  |   | 46 |  |   | 39 |  |   | 62 |  |   | 27 |  |   | 68 |  |   | 89 |  |   | 126 |  |   | 128 |  |   | 172 |  |   | 174 |  |   |
| Excess & Surplus Lines                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| New losses greater than $4,000,000                                                           | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   |
| New losses $1,000,000-$4,000,000                                                             | 1 |  |   | 1 |  |   | 2 |  |   | 1 |  |   | — |  |   | 1 |  |   | 1 |  |   | 2 |  |   | 3 |  |   | 3 |  |   | 4 |  |   | 4 |  |   | 5 |  |   | 4 |  |   |
| New losses $250,000-$1,000,000                                                               | 7 |  |   | 6 |  |   | 14 |  |   | 6 |  |   | 7 |  |   | 7 |  |   | 9 |  |   | 10 |  |   | 20 |  |   | 19 |  |   | 26 |  |   | 26 |  |   | 33 |  |   | 33 |  |   |
| Case reserve development above $250,000                                                      | 1 |  |   | 3 |  |   | 1 |  |   | 1 |  |   | 2 |  |   | 4 |  |   | 6 |  |   | 1 |  |   | 2 |  |   | 7 |  |   | 5 |  |   | 11 |  |   | 6 |  |   | 13 |  |   |
|    Large losses total                                                         | 9 |  |   | 10 |  |   | 17 |  |   | 8 |  |   | 9 |  |   | 12 |  |   | 16 |  |   | 13 |  |   | 25 |  |   | 29 |  |   | 35 |  |   | 41 |  |   | 44 |  |   | 50 |  |   |
| *The sum of quarterly amounts may not equal the full year as each is computed independently. |

----

|                                                                                                                                                                                                     |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Consolidated Cincinnati Insurance Companies                                                                                                                                                   |
| Agency Direct Written Premiums by Agency State by Line of Business for the Twelve Months Ended December 31, 2013                                                                                    |
|                                                                                                                                                                                                |  Commercial Lines |   |  Personal Lines |   | E & S |   | Consolidated | Comm'lChange% | PersonalChange% | E & SChange% | ConsolChange% |
|  RiskState                                                                                                                                                                                     | CommCasualty | CommProperty | CommAuto | Workers'Comp | SpecPackages | Mgmt Liab & Surety | Mach. & Equipment | PersonalAuto | Home Owner | Other Personal | AllLines | 2013 | 2012 |
| Total                                                                                                                                                                                               | Total |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  OH                                                                                                                                                                                            | $ | 149.7 |  | $ | 119.9 |  | $ | 73.3 |  | $ | — |  | $ | 13.7 |  | $ | 23.5 |  | $ | 6.8 |  | $ | 128.5 |  | $ | 111.0 |  | $ | 35.7 |  | $ | 12.2 |  | $ | 674.3 |  | $ | 635.4 |  |   | 7.3 |  |   | 4.1 |  |   | 14.4 |  |   | 6.1 |  |
|  IL                                                                                                                                                                                            |   | 62.4 |  |   | 48.9 |  |   | 29.7 |  |   | 57.6 |  |   | 13.2 |  |   | 7.8 |  |   | 3.6 |  |   | 32.5 |  |   | 29.1 |  |   | 8.6 |  |   | 8.2 |  |   | 301.6 |  |   | 288.3 |  |   | 4.0 |  |   | 5.6 |  |   | 12.5 |  |   | 4.6 |  |
|  IN                                                                                                                                                                                            |   | 51.8 |  |   | 44.8 |  |   | 27.5 |  |   | 33.0 |  |   | 6.8 |  |   | 7.3 |  |   | 3.4 |  |   | 34.5 |  |   | 36.8 |  |   | 8.8 |  |   | 11.5 |  |   | 266.2 |  |   | 245.1 |  |   | 9.7 |  |   | 5.0 |  |   | 17.2 |  |   | 8.5 |  |
|  PA                                                                                                                                                                                            |   | 54.9 |  |   | 40.3 |  |   | 35.6 |  |   | 49.6 |  |   | 7.8 |  |   | 6.8 |  |   | 2.7 |  |   | 12.0 |  |   | 9.5 |  |   | 4.0 |  |   | 5.4 |  |   | 228.6 |  |   | 209.8 |  |   | 7.8 |  |   | 14.4 |  |   | 24.6 |  |   | 8.8 |  |
|  GA                                                                                                                                                                                            |   | 33.4 |  |   | 30.9 |  |   | 24.1 |  |   | 13.2 |  |   | 8.4 |  |   | 6.4 |  |   | 1.8 |  |   | 36.9 |  |   | 38.3 |  |   | 10.6 |  |   | 9.2 |  |   | 213.2 |  |   | 189.2 |  |   | 16.6 |  |   | 6.9 |  |   | 21.0 |  |   | 12.7 |  |
|  MI                                                                                                                                                                                            |   | 41.2 |  |   | 29.0 |  |   | 19.8 |  |   | 21.4 |  |   | 10.0 |  |   | 6.9 |  |   | 2.6 |  |   | 33.0 |  |   | 25.8 |  |   | 4.9 |  |   | 6.2 |  |   | 200.8 |  |   | 173.1 |  |   | 11.6 |  |   | 24.9 |  |   | 23.6 |  |   | 15.9 |  |
|  NC                                                                                                                                                                                            |   | 37.7 |  |   | 36.7 |  |   | 21.3 |  |   | 18.9 |  |   | 12.8 |  |   | 8.9 |  |   | 2.4 |  |   | 26.7 |  |   | 20.5 |  |   | 6.8 |  |   | 5.3 |  |   | 198.0 |  |   | 180.3 |  |   | 5.9 |  |   | 19.6 |  |   | 31.7 |  |   | 9.9 |  |
| TN                                                                                                                                                                                                  |   | 30.5 |  |   | 29.4 |  |   | 19.9 |  |   | 12.6 |  |   | 10.0 |  |   | 5.4 |  |   | 2.0 |  |   | 16.0 |  |   | 18.3 |  |   | 5.2 |  |   | 3.2 |  |   | 152.5 |  |   | 129.5 |  |   | 17.4 |  |   | 18.3 |  |   | 22.3 |  |   | 17.7 |  |
| KY                                                                                                                                                                                                  |   | 25.8 |  |   | 28.4 |  |   | 18.1 |  |   | 3.4 |  |   | 6.0 |  |   | 4.1 |  |   | 1.6 |  |   | 26.9 |  |   | 24.6 |  |   | 6.0 |  |   | 4.9 |  |   | 149.8 |  |   | 136.1 |  |   | 10.6 |  |   | 7.6 |  |   | 40.1 |  |   | 10.2 |  |
|  VA                                                                                                                                                                                            |   | 32.1 |  |   | 26.2 |  |   | 21.1 |  |   | 19.7 |  |   | 5.0 |  |   | 7.1 |  |   | 1.6 |  |   | 10.6 |  |   | 9.5 |  |   | 3.2 |  |   | 4.6 |  |   | 140.7 |  |   | 132.1 |  |   | 7.8 |  |   | 0.1 |  |   | 10.6 |  |   | 6.6 |  |
| AL                                                                                                                                                                                                  |   | 22.7 |  |   | 25.7 |  |   | 11.0 |  |   | 1.4 |  |   | 9.4 |  |   | 3.6 |  |   | 1.5 |  |   | 19.1 |  |   | 31.6 |  |   | 6.9 |  |   | 5.9 |  |   | 138.8 |  |   | 125.1 |  |   | 13.3 |  |   | 5.5 |  |   | 39.9 |  |   | 10.8 |  |
| WI                                                                                                                                                                                                  |   | 29.0 |  |   | 22.6 |  |   | 14.0 |  |   | 33.0 |  |   | 4.0 |  |   | 3.5 |  |   | 2.1 |  |   | 8.9 |  |   | 9.3 |  |   | 3.7 |  |   | 3.2 |  |   | 133.3 |  |   | 122.5 |  |   | 10.4 |  |   | 1.7 |  |   | 0.2 |  |   | 8.6 |  |
| MO                                                                                                                                                                                                  |   | 25.7 |  |   | 26.1 |  |   | 14.8 |  |   | 14.2 |  |   | 7.7 |  |   | 2.6 |  |   | 1.9 |  |   | 6.0 |  |   | 8.6 |  |   | 1.8 |  |   | 6.4 |  |   | 115.8 |  |   | 103.6 |  |   | 12.0 |  |   | 11.5 |  |   | 11.0 |  |   | 11.9 |  |
| MN                                                                                                                                                                                                  |   | 25.6 |  |   | 20.5 |  |   | 10.2 |  |   | 10.4 |  |   | 3.5 |  |   | 2.7 |  |   | 1.5 |  |   | 15.6 |  |   | 15.3 |  |   | 4.8 |  |   | 3.4 |  |   | 113.5 |  |   | 98.3 |  |   | 12.1 |  |   | 22.8 |  |   | 13.5 |  |   | 15.3 |  |
|  TX                                                                                                                                                                                            |   | 39.7 |  |   | 26.7 |  |   | 24.1 |  |   | 2.4 |  |   | 0.9 |  |   | 2.1 |  |   | 2.1 |  |   | — |  |   | — |  |   | — |  |   | 11.3 |  |   | 109.3 |  |   | 83.0 |  |   | 30.4 |  |   | 16.2 |  |   | 40.8 |  |   | 31.4 |  |
|  IA                                                                                                                                                                                            |   | 20.1 |  |   | 18.1 |  |   | 9.4 |  |   | 21.9 |  |   | 3.7 |  |   | 3.4 |  |   | 1.4 |  |   | 4.9 |  |   | 5.6 |  |   | 1.9 |  |   | 1.8 |  |   | 92.2 |  |   | 84.1 |  |   | 11.0 |  |   | 3.0 |  |   | 2.4 |  |   | 9.7 |  |
| MD                                                                                                                                                                                                  |   | 18.4 |  |   | 10.6 |  |   | 14.0 |  |   | 12.9 |  |   | 1.5 |  |   | 2.8 |  |   | 0.7 |  |   | 4.6 |  |   | 4.1 |  |   | 1.2 |  |   | 1.8 |  |   | 72.6 |  |   | 60.6 |  |   | 16.9 |  |   | 42.8 |  |   | 11.1 |  |   | 19.7 |  |
| NY                                                                                                                                                                                                  |   | 32.8 |  |   | 15.2 |  |   | 12.1 |  |   | 2.4 |  |   | 1.1 |  |   | 2.9 |  |   | 1.2 |  |   | 1.8 |  |   | 0.8 |  |   | 0.2 |  |   | 1.9 |  |   | 72.4 |  |   | 64.0 |  |   | 8.8 |  |   | nm |  |   | 45.1 |  |   | 13.3 |  |
| FL                                                                                                                                                                                                  |   | 20.0 |  |   | 15.3 |  |   | 7.4 |  |   | 1.3 |  |   | 0.5 |  |   | 1.8 |  |   | 0.6 |  |   | 7.8 |  |   | 11.3 |  |   | 2.0 |  |   | 3.5 |  |   | 71.5 |  |   | 75.1 |  |   | (6.9 | ) |   | (2.2 | ) |   | 7.8 |  |   | (4.9 | ) |
| AR                                                                                                                                                                                                  |   | 9.6 |  |   | 15.1 |  |   | 7.2 |  |   | 2.9 |  |   | 5.9 |  |   | 1.3 |  |   | 1.1 |  |   | 7.0 |  |   | 7.8 |  |   | 2.0 |  |   | 2.2 |  |   | 62.1 |  |   | 54.2 |  |   | 10.6 |  |   | 28.9 |  |   | 4.4 |  |   | 14.8 |  |
| KS                                                                                                                                                                                                  |   | 9.6 |  |   | 11.5 |  |   | 5.7 |  |   | 6.8 |  |   | 3.4 |  |   | 1.9 |  |   | 0.7 |  |   | 5.1 |  |   | 7.1 |  |   | 1.5 |  |   | 1.2 |  |   | 54.5 |  |   | 49.4 |  |   | 12.1 |  |   | 5.4 |  |   | 2.0 |  |   | 10.1 |  |
| SC                                                                                                                                                                                                  |   | 12.4 |  |   | 10.4 |  |   | 8.3 |  |   | 3.8 |  |   | 2.7 |  |   | 2.3 |  |   | 0.6 |  |   | 6.2 |  |   | 4.0 |  |   | 1.2 |  |   | 2.0 |  |   | 53.9 |  |   | 44.4 |  |   | 13.2 |  |   | 54.5 |  |   | 66.7 |  |   | 21.4 |  |
| AZ                                                                                                                                                                                                  |   | 15.0 |  |   | 8.4 |  |   | 11.6 |  |   | 4.6 |  |   | 1.0 |  |   | 1.4 |  |   | 0.6 |  |   | 3.7 |  |   | 2.7 |  |   | 1.0 |  |   | 1.6 |  |   | 51.6 |  |   | 43.1 |  |   | 19.4 |  |   | 24.5 |  |   | 6.7 |  |   | 19.7 |  |
|  UT                                                                                                                                                                                            |   | 15.0 |  |   | 7.6 |  |   | 9.4 |  |   | 0.4 |  |   | 1.2 |  |   | 2.1 |  |   | 0.4 |  |   | 7.5 |  |   | 3.7 |  |   | 0.8 |  |   | 2.0 |  |   | 50.1 |  |   | 42.8 |  |   | 17.6 |  |   | 13.1 |  |   | 32.4 |  |   | 17.0 |  |
| MT                                                                                                                                                                                                  |   | 14.0 |  |   | 8.0 |  |   | 7.2 |  |   | 0.1 |  |   | 1.1 |  |   | 0.7 |  |   | 0.6 |  |   | 2.6 |  |   | 2.4 |  |   | 0.6 |  |   | 0.7 |  |   | 38.0 |  |   | 33.0 |  |   | 14.5 |  |   | 15.4 |  |   | 92.3 |  |   | 15.5 |  |
| NE                                                                                                                                                                                                  |   | 8.6 |  |   | 8.9 |  |   | 4.6 |  |   | 8.8 |  |   | 1.6 |  |   | 1.2 |  |   | 0.7 |  |   | 0.7 |  |   | 1.1 |  |   | 0.3 |  |   | 1.4 |  |   | 37.9 |  |   | 32.1 |  |   | 19.6 |  |   | 1.1 |  |   | 10.5 |  |   | 18.1 |  |
| CO                                                                                                                                                                                                  |   | 12.1 |  |   | 8.5 |  |   | 7.7 |  |   | 0.5 |  |   | 0.1 |  |   | 1.4 |  |   | 0.6 |  |   | — |  |   | 0.3 |  |   | — |  |   | 2.3 |  |   | 33.5 |  |   | 23.4 |  |   | 39.7 |  |   | (8.4 | ) |   | 123.6 |  |   | 42.6 |  |
| ID                                                                                                                                                                                                  |   | 10.4 |  |   | 6.8 |  |   | 6.1 |  |   | 0.3 |  |   | 0.9 |  |   | 1.0 |  |   | 0.5 |  |   | 2.8 |  |   | 1.8 |  |   | 0.5 |  |   | 1.4 |  |   | 32.5 |  |   | 29.0 |  |   | 7.2 |  |   | 25.0 |  |   | 105.2 |  |   | 12.1 |  |
| WV                                                                                                                                                                                                  |   | 8.6 |  |   | 7.0 |  |   | 6.5 |  |   | 1.8 |  |   | 2.6 |  |   | 0.6 |  |   | 0.5 |  |   | — |  |   | 0.5 |  |   | 0.1 |  |   | 2.5 |  |   | 30.7 |  |   | 28.2 |  |   | 8.6 |  |   | (5.4 | ) |   | 17.0 |  |   | 9.0 |  |
| VT                                                                                                                                                                                                  |   | 5.1 |  |   | 4.8 |  |   | 2.9 |  |   | 7.1 |  |   | 1.2 |  |   | 1.3 |  |   | 0.4 |  |   | 1.3 |  |   | 1.5 |  |   | 0.4 |  |   | 0.9 |  |   | 26.9 |  |   | 24.4 |  |   | 11.3 |  |   | 8.2 |  |   | (8.2 | ) |   | 10.2 |  |
| ND                                                                                                                                                                                                  |   | 7.9 |  |   | 6.2 |  |   | 4.3 |  |   | — |  |   | 1.3 |  |   | 0.8 |  |   | 0.4 |  |   | 0.7 |  |   | 0.8 |  |   | 0.2 |  |   | 0.5 |  |   | 23.1 |  |   | 19.2 |  |   | 21.5 |  |   | 9.4 |  |   | 39.9 |  |   | 20.8 |  |
| NH                                                                                                                                                                                                  |   | 3.4 |  |   | 3.8 |  |   | 1.6 |  |   | 2.7 |  |   | 0.7 |  |   | 0.6 |  |   | 0.2 |  |   | 1.8 |  |   | 1.8 |  |   | 0.6 |  |   | 0.9 |  |   | 18.1 |  |   | 15.0 |  |   | 23.7 |  |   | 8.7 |  |   | 47.6 |  |   | 20.8 |  |
| WA                                                                                                                                                                                                  |   | 6.1 |  |   | 3.7 |  |   | 4.3 |  |   | — |  |   | — |  |   | 1.0 |  |   | 0.4 |  |   | — |  |   | — |  |   | — |  |   | 1.3 |  |   | 16.8 |  |   | 12.6 |  |   | 34.4 |  |   | 3.0 |  |   | 27.7 |  |   | 33.8 |  |
| OR                                                                                                                                                                                                  |   | 5.1 |  |   | 3.3 |  |   | 3.2 |  |   | 0.1 |  |   | — |  |   | 0.8 |  |   | 0.3 |  |   | 0.7 |  |   | 0.3 |  |   | 0.1 |  |   | 2.5 |  |   | 16.4 |  |   | 8.9 |  |   | 81.9 |  |   | nm |  |   | 42.1 |  |   | 84.3 |  |
| DE                                                                                                                                                                                                  |   | 3.7 |  |   | 3.1 |  |   | 2.4 |  |   | 2.8 |  |   | 0.4 |  |   | 0.3 |  |   | 0.3 |  |   | — |  |   | — |  |   | — |  |   | 0.3 |  |   | 13.3 |  |   | 11.9 |  |   | 11.6 |  |   | 5.9 |  |   | 87.6 |  |   | 12.7 |  |
| SD                                                                                                                                                                                                  |   | 3.1 |  |   | 2.8 |  |   | 1.6 |  |   | 2.8 |  |   | 0.7 |  |   | 0.9 |  |   | 0.2 |  |   | — |  |   | — |  |   | — |  |   | 0.5 |  |   | 12.6 |  |   | 11.9 |  |   | 5.0 |  |   | 3.8 |  |   | 21.9 |  |   | 5.5 |  |
| NM                                                                                                                                                                                                  |   | 4.5 |  |   | 2.3 |  |   | 2.6 |  |   | 0.7 |  |   | 0.1 |  |   | 1.7 |  |   | 0.1 |  |   | — |  |   | — |  |   | — |  |   | 0.5 |  |   | 12.5 |  |   | 10.7 |  |   | 16.7 |  |   | (68.7 | ) |   | 26.6 |  |   | 17.1 |  |
|  CT                                                                                                                                                                                            |   | 2.5 |  |   | 2.4 |  |   | 1.3 |  |   | 0.6 |  |   | 0.1 |  |   | 0.2 |  |   | 0.2 |  |   | — |  |   | — |  |   | — |  |   | 0.2 |  |   | 7.5 |  |   | 4.0 |  |   | 105.4 |  |   | (61.6 | ) |   | 47.5 |  |   | 101.8 |  |
|  WY                                                                                                                                                                                            |   | 1.9 |  |   | 2.0 |  |   | 0.9 |  |   | — |  |   | — |  |   | 0.3 |  |   | 0.1 |  |   | — |  |   | — |  |   | — |  |   | 0.5 |  |   | 5.7 |  |   | 4.4 |  |   | 32.0 |  |   | (10.2 | ) |   | 25.5 |  |   | 31.2 |  |
|  All Other                                                                                                                                                                                     |   | 3.6 |  |   | 2.4 |  |   | 3.3 |  |   | 4.9 |  |   | 0.9 |  |   | 2.3 |  |   | 0.3 |  |   | 0.1 |  |   | — |  |   | 0.1 |  |   | 1.0 |  |   | 18.9 |  |   | 15.9 |  |   | 20.1 |  |   | 21.7 |  |   | 1.0 |  |   | 19.0 |  |
|  Total                                                                                                                                                                                         | $ | 915.7 |  | $ | 744.3 |  | $ | 510.1 |  | $ | 381.0 |  | $ | 151.9 |  | $ | 133.7 |  | $ | 50.7 |  | $ | 466.5 |  | $ | 445.8 |  | $ | 125.7 |  | $ | 136.3 |  | $ | 4,061.7 |  | $ | 3,653.9 |  |   | 11.3 |  |   | 9.6 |  |   | 22.4 |  |   | 11.2 |  |
|  Other Direct                                                                                                                                                                                  |   | — |  |   | 1.7 |  |   | 4.1 |  |   | 5.0 |  |   | — |  |   | — |  |   | — |  |   | 8.3 |  |   | 0.2 |  |   | — |  |   | — |  |   | 19.3 |  |   | 5.3 |  |   | 109.9 |  |   | nm |  |   | nm |  |   | 264.2 |  |
|  Total Direct                                                                                                                                                                                  | $ | 915.7 |  | $ | 746.0 |  | $ | 514.2 |  | $ | 386.0 |  | $ | 151.9 |  | $ | 133.7 |  | $ | 50.7 |  | $ | 474.8 |  | $ | 446.0 |  | $ | 125.7 |  | $ | 136.3 |  | $ | 4,081.0 |  | $ | 3,659.2 |  |   | 11.4 |  |   | 10.5 |  |   | 22.4 |  |   | 11.5 |  |
| *Dollar amounts shown are rounded to the nearest hundred thousand;certain amounts may not add due to rounding. Percentage changes are calculated based on whole dollar amounts.*nm - Not meaningful |

----

|                                                                                                                                                                                                                                                               |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Quarterly Property Casualty Data - Commercial Lines                                                                                                                                                                                                           |
| (Dollars in millions)                                                                                                                                                                                                                                         | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                                                                                                                                                                                          | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Commercial casualty:                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                              | $ | 206 |   | $ | 232 |  |   | $ | 222 |  |   | $ | 237 |  |   | $ | 189 |  |   | $ | 200 |  |   | $ | 202 |  |   | $ | 202 |  |   | $ | 459 |  |   | $ | 404 |  |   | $ | 691 |  |   | $ | 604 |  |   | $ | 897 |  |   | $ | 793 |  |   |
| Earned premiums                                                                                                                                                                                                                                               |   | 220 |   |   | 221 |  |   |   | 211 |  |   |   | 204 |  |   |   | 198 |  |   |   | 197 |  |   |   | 191 |  |   |   | 181 |  |   |   | 415 |  |   |   | 372 |  |   |   | 636 |  |   |   | 569 |  |   |   | 856 |  |   |   | 767 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                               |   | 54.2 | % |   | 53.5 |  | % |   | 55.7 |  | % |   | 60.8 |  | % |   | 67.5 |  | % |   | 52.1 |  | % |   | 67.2 |  | % |   | 70.2 |  | % |   | 58.2 |  | % |   | 68.7 |  | % |   | 56.6 |  | % |   | 63.0 |  | % |   | 56.0 |  | % |   | 64.1 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                      |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                |   | 1.9 |   |   | (8.4 | ) |   |   | (15.1 | ) |   |   | (11.5 | ) |   |   | (24.0 | ) |   |   | (12.9 | ) |   |   | (29.2 | ) |   |   | (26.7 | ) |   |   | (13.3 | ) |   |   | (28.0 | ) |   |   | (11.6 | ) |   |   | (22.8 | ) |   |   | (8.2 | ) |   |   | (23.1 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                       |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                           |   | 56.1 | % |   | 45.1 |  | % |   | 40.6 |  | % |   | 49.3 |  | % |   | 43.5 |  | % |   | 39.2 |  | % |   | 38.0 |  | % |   | 43.5 |  | % |   | 44.9 |  | % |   | 40.7 |  | % |   | 45.0 |  | % |   | 40.2 |  | % |   | 47.8 |  | % |   | 41.0 |  | % |
| Commercial property:                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                              | $ | 157 |   | $ | 186 |  |   | $ | 164 |  |   | $ | 166 |  |   | $ | 136 |  |   | $ | 150 |  |   | $ | 146 |  |   | $ | 141 |  |   | $ | 330 |  |   | $ | 287 |  |   | $ | 516 |  |   | $ | 437 |  |   | $ | 673 |  |   | $ | 573 |  |   |
| Earned premiums                                                                                                                                                                                                                                               |   | 163 |   |   | 161 |  |   |   | 152 |  |   |   | 147 |  |   |   | 142 |  |   |   | 138 |  |   |   | 134 |  |   |   | 131 |  |   |   | 299 |  |   |   | 265 |  |   |   | 460 |  |   |   | 403 |  |   |   | 623 |  |   |   | 545 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                               |   | 51.3 | % |   | 49.6 |  | % |   | 52.9 |  | % |   | 48.9 |  | % |   | 28.0 |  | % |   | 45.3 |  | % |   | 55.3 |  | % |   | 57.2 |  | % |   | 50.9 |  | % |   | 56.2 |  | % |   | 50.5 |  | % |   | 52.5 |  | % |   | 50.7 |  | % |   | 46.1 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                      |   | 9.0 |   |   | 19.1 |  |   |   | 28.4 |  |   |   | 2.8 |  |   |   | 10.4 |  |   |   | 29.6 |  |   |   | 56.7 |  |   |   | 31.4 |  |   |   | 15.8 |  |   |   | 44.3 |  |   |   | 17.0 |  |   |   | 39.2 |  |   |   | 14.9 |  |   |   | 31.7 |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                |   | (2.5) |   |   | 1.4 |  |   |   | (6.0 | ) |   |   | 2.0 |  |   |   | (2.3 | ) |   |   | (2.1 | ) |   |   | (3.4 | ) |   |   | (4.4 | ) |   |   | (2.0 | ) |   |   | (4.0 | ) |   |   | (0.9 | ) |   |   | (3.3 | ) |   |   | (1.3 | ) |   |   | (3.1 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                       |   | (1.9) |   |   | (2.0 | ) |   |   | (3.2 | ) |   |   | (1.9 | ) |   |   | (2.1 | ) |   |   | (0.7 | ) |   |   | 1.3 |  |   |   | (5.8 | ) |   |   | (2.6 | ) |   |   | (2.2 | ) |   |   | (2.4 | ) |   |   | (1.7 | ) |   |   | (2.3 | ) |   |   | (1.8 | ) |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                           |   | 55.9 | % |   | 68.1 |  | % |   | 72.1 |  | % |   | 51.8 |  | % |   | 34.0 |  | % |   | 72.1 |  | % |   | 109.9 | % |   | 78.4 |  | % |   | 62.1 |  | % |   | 94.3 |  | % |   | 64.2 |  | % |   | 86.7 |  | % |   | 62.0 |  | % |   | 72.9 |  | % |
| Commercial auto:                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                              | $ | 117 |   | $ | 128 |  |   | $ | 127 |  |   | $ | 135 |  |   | $ | 106 |  |   | $ | 109 |  |   | $ | 115 |  |   | $ | 114 |  |   | $ | 262 |  |   | $ | 229 |  |   | $ | 390 |  |   | $ | 338 |  |   | $ | 507 |  |   | $ | 444 |  |   |
| Earned premiums                                                                                                                                                                                                                                               |   | 124 |   |   | 124 |  |   |   | 117 |  |   |   | 114 |  |   |   | 111 |  |   |   | 108 |  |   |   | 106 |  |   |   | 101 |  |   |   | 231 |  |   |   | 207 |  |   |   | 355 |  |   |   | 315 |  |   |   | 479 |  |   |   | 426 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                               |   | 70.6 | % |   | 64.3 |  | % |   | 76.3 |  | % |   | 59.6 |  | % |   | 66.2 |  | % |   | 71.1 |  | % |   | 71.8 |  | % |   | 73.9 |  | % |   | 68.1 |  | % |   | 72.8 |  | % |   | 66.7 |  | % |   | 72.2 |  | % |   | 67.8 |  | % |   | 70.7 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                      |   | (0.1) |   |   | 0.9 |  |   |   | 1.5 |  |   |   | 0.4 |  |   |   | (0.2 | ) |   |   | 0.8 |  |   |   | 3.2 |  |   |   | 1.4 |  |   |   | 1.0 |  |   |   | 2.4 |  |   |   | 0.9 |  |   |   | 1.8 |  |   |   | 0.7 |  |   |   | 1.3 |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                |   | 3.1 |   |   | (0.4 | ) |   |   | (3.2 | ) |   |   | 2.1 |  |   |   | 7.3 |  |   |   | 4.9 |  |   |   | (1.8 | ) |   |   | (11.9 | ) |   |   | (0.7 | ) |   |   | (6.8 | ) |   |   | (0.5 | ) |   |   | (2.7 | ) |   |   | 0.4 |  |   |   | (0.1 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                       |   | — |   |   | (0.2 | ) |   |   | (0.3 | ) |   |   | (0.2 | ) |   |   | — |  |   |   | (0.2 | ) |   |   | (0.3 | ) |   |   | (0.5 | ) |   |   | (0.2 | ) |   |   | (0.4 | ) |   |   | (0.2 | ) |   |   | (0.3 | ) |   |   | (0.2 | ) |   |   | (0.2 | ) |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                           |   | 73.6 | % |   | 64.6 |  | % |   | 74.3 |  | % |   | 61.9 |  | % |   | 73.3 |  | % |   | 76.6 |  | % |   | 72.9 |  | % |   | 62.9 |  | % |   | 68.2 |  | % |   | 68.0 |  | % |   | 66.9 |  | % |   | 71.0 |  | % |   | 68.7 |  | % |   | 71.7 |  | % |
| Workers' compensation:                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                              | $ | 86 |   | $ | 90 |  |   | $ | 85 |  |   | $ | 113 |  |   | $ | 84 |  |   | $ | 78 |  |   | $ | 86 |  |   | $ | 93 |  |   | $ | 198 |  |   | $ | 179 |  |   | $ | 288 |  |   | $ | 257 |  |   | $ | 374 |  |   | $ | 341 |  |   |
| Earned premiums                                                                                                                                                                                                                                               |   | 95 |   |   | 95 |  |   |   | 87 |  |   |   | 88 |  |   |   | 89 |  |   |   | 89 |  |   |   | 85 |  |   |   | 81 |  |   |   | 175 |  |   |   | 166 |  |   |   | 270 |  |   |   | 255 |  |   |   | 365 |  |   |   | 344 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                               |   | 76.9 | % |   | 78.6 |  | % |   | 84.8 |  | % |   | 71.8 |  | % |   | 87.6 |  | % |   | 80.8 |  | % |   | 80.8 |  | % |   | 82.7 |  | % |   | 78.3 |  | % |   | 81.7 |  | % |   | 78.4 |  | % |   | 81.5 |  | % |   | 78.0 |  | % |   | 83.0 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                      |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                |   | (0.5) |   |   | 9.3 |  |   |   | (17.8 | ) |   |   | (8.0 | ) |   |   | (26.2 | ) |   |   | (25.7 | ) |   |   | (14.3 | ) |   |   | (19.0 | ) |   |   | (12.9 | ) |   |   | (16.6 | ) |   |   | (5.1 | ) |   |   | (19.8 | ) |   |   | (3.9 | ) |   |   | (21.5 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                       |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                           |   | 76.4 | % |   | 87.9 |  | % |   | 67.0 |  | % |   | 63.8 |  | % |   | 61.4 |  | % |   | 55.1 |  | % |   | 66.5 |  | % |   | 63.7 |  | % |   | 65.4 |  | % |   | 65.1 |  | % |   | 73.3 |  | % |   | 61.7 |  | % |   | 74.1 |  | % |   | 61.5 |  | % |
| Specialty package:                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                              | $ | 30 |   | $ | 36 |  |   | $ | 36 |  |   | $ | 40 |  |   | $ | 36 |  |   | $ | 39 |  |   | $ | 38 |  |   | $ | 40 |  |   | $ | 76 |  |   | $ | 78 |  |   | $ | 112 |  |   | $ | 117 |  |   | $ | 142 |  |   | $ | 153 |  |   |
| Earned premiums                                                                                                                                                                                                                                               |   | 36 |   |   | 38 |  |   |   | 37 |  |   |   | 39 |  |   |   | 39 |  |   |   | 37 |  |   |   | 37 |  |   |   | 38 |  |   |   | 76 |  |   |   | 75 |  |   |   | 114 |  |   |   | 112 |  |   |   | 150 |  |   |   | 151 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                               |   | 45.0 | % |   | 56.2 |  | % |   | 80.0 |  | % |   | 73.5 |  | % |   | 57.5 |  | % |   | 56.7 |  | % |   | 72.8 |  | % |   | 66.4 |  | % |   | 76.7 |  | % |   | 69.6 |  | % |   | 69.9 |  | % |   | 65.3 |  | % |   | 63.9 |  | % |   | 63.4 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                      |   | 2.8 |   |   | 22.9 |  |   |   | 16.1 |  |   |   | 6.4 |  |   |   | 10.1 |  |   |   | 29.3 |  |   |   | 23.9 |  |   |   | 24.8 |  |   |   | 11.2 |  |   |   | 24.4 |  |   |   | 15.1 |  |   |   | 26.0 |  |   |   | 12.1 |  |   |   | 22.0 |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                |   | 5.2 |   |   | 9.0 |  |   |   | (3.3 | ) |   |   | (2.5 | ) |   |   | (8.7 | ) |   |   | 9.1 |  |   |   | (3.0 | ) |   |   | (14.0 | ) |   |   | (2.8 | ) |   |   | (8.5 | ) |   |   | 1.1 |  |   |   | (2.7 | ) |   |   | 2.1 |  |   |   | (4.2 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                       |   | (2.4) |   |   | (0.1 | ) |   |   | (0.6 | ) |   |   | (3.4 | ) |   |   | 9.3 |  |   |   | (14.8 | ) |   |   | (0.2 | ) |   |   | (12.6 | ) |   |   | (2.0 | ) |   |   | (6.5 | ) |   |   | (1.4 | ) |   |   | (9.2 | ) |   |   | (1.6 | ) |   |   | (4.5 | ) |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                           |   | 50.6 | % |   | 88.0 |  | % |   | 92.2 |  | % |   | 74.0 |  | % |   | 68.2 |  | % |   | 80.3 |  | % |   | 93.5 |  | % |   | 64.6 |  | % |   | 83.1 |  | % |   | 79.0 |  | % |   | 84.7 |  | % |   | 79.4 |  | % |   | 76.5 |  | % |   | 76.7 |  | % |
| Management liability and surety:                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                              | $ | 28 |   | $ | 34 |  |   | $ | 33 |  |   | $ | 26 |  |   | $ | 27 |  |   | $ | 31 |  |   | $ | 29 |  |   | $ | 27 |  |   | $ | 59 |  |   | $ | 56 |  |   | $ | 93 |  |   | $ | 87 |  |   | $ | 121 |  |   | $ | 114 |  |   |
| Earned premiums                                                                                                                                                                                                                                               |   | 30 |   |   | 30 |  |   |   | 30 |  |   |   | 29 |  |   |   | 29 |  |   |   | 28 |  |   |   | 27 |  |   |   | 27 |  |   |   | 59 |  |   |   | 54 |  |   |   | 89 |  |   |   | 82 |  |   |   | 119 |  |   |   | 111 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                               |   | 54.4 | % |   | 57.1 |  | % |   | 60.1 |  | % |   | 44.5 |  | % |   | 57.7 |  | % |   | 60.4 |  | % |   | 72.1 |  | % |   | 49.2 |  | % |   | 52.4 |  | % |   | 60.9 |  | % |   | 54.0 |  | % |   | 60.7 |  | % |   | 54.1 |  | % |   | 59.9 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                      |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                |   | (20.8) |   |   | (16.3 | ) |   |   | 4.8 |  |   |   | 60.8 |  |   |   | (23.9 | ) |   |   | (17.2 | ) |   |   | 10.3 |  |   |   | 34.8 |  |   |   | 32.4 |  |   |   | 22.3 |  |   |   | 15.9 |  |   |   | 8.9 |  |   |   | 6.6 |  |   |   | 0.4 |  |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                       |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                           |   | 33.6 | % |   | 40.8 |  | % |   | 64.9 |  | % |   | 105.3 | % |   | 33.8 |  | % |   | 43.2 |  | % |   | 82.4 |  | % |   | 84.0 |  | % |   | 84.8 |  | % |   | 83.2 |  | % |   | 69.9 |  | % |   | 69.6 |  | % |   | 60.7 |  | % |   | 60.3 |  | % |
| Machinery and equipment:                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                              | $ | 12 |   | $ | 13 |  |   | $ | 11 |  |   | $ | 11 |  |   | $ | 10 |  |   | $ | 12 |  |   | $ | 10 |  |   | $ | 9 |  |   | $ | 22 |  |   | $ | 19 |  |   | $ | 35 |  |   | $ | 31 |  |   | $ | 47 |  |   | $ | 41 |  |   |
| Earned premiums                                                                                                                                                                                                                                               |   | 12 |   |   | 11 |  |   |   | 11 |  |   |   | 10 |  |   |   | 10 |  |   |   | 10 |  |   |   | 10 |  |   |   | 9 |  |   |   | 21 |  |   |   | 19 |  |   |   | 32 |  |   |   | 29 |  |   |   | 44 |  |   |   | 39 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                               |   | 29.6 | % |   | 26.7 |  | % |   | 45.8 |  | % |   | 15.0 |  | % |   | 11.5 |  | % |   | 19.9 |  | % |   | 23.8 |  | % |   | 36.0 |  | % |   | 30.5 |  | % |   | 29.8 |  | % |   | 29.2 |  | % |   | 26.4 |  | % |   | 29.3 |  | % |   | 22.5 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                      |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                |   | 1.1 |   |   | (1.1 | ) |   |   | (4.9 | ) |   |   | 8.0 |  |   |   | (4.1 | ) |   |   | (3.9 | ) |   |   | (2.5 | ) |   |   | 3.2 |  |   |   | 1.5 |  |   |   | 0.4 |  |   |   | 0.6 |  |   |   | (1.1 | ) |   |   | 0.7 |  |   |   | (1.9 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                       |   | — |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                           |   | 30.7 | % |   | 25.6 |  | % |   | 40.9 |  | % |   | 23.0 |  | % |   | 7.4 |  | % |   | 16.0 |  | % |   | 21.3 |  | % |   | 39.2 |  | % |   | 32.0 |  | % |   | 30.2 |  | % |   | 29.8 |  | % |   | 25.3 |  | % |   | 30.0 |  | % |   | 20.6 |  | % |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed   independently. |

----

|                                                                                                                                                                                                                                                                    |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Quarterly Property Casualty Data - Personal Lines                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Dollars in millions)                                                                                                                                                                                                                                              | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                                                                                                                                                                                               | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Personal auto:                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                                   | $ | 107 |  |   | $ | 128 |  |   | $ | 125 |  |   | $ | 100 |  |   | $ | 102 |  |   | $ | 117 |  |   | $ | 115 |  |   | $ | 91 |  |   | $ | 225 |  |   | $ | 206 |  |   | $ | 353 |  |   | $ | 323 |  |   | $ | 460 |  |   | $ | 425 |  |   |
| Earned premiums                                                                                                                                                                                                                                                    |   | 115 |  |   |   | 112 |  |   |   | 109 |  |   |   | 107 |  |   |   | 105 |  |   |   | 101 |  |   |   | 100 |  |   |   | 98 |  |   |   | 216 |  |   |   | 198 |  |   |   | 328 |  |   |   | 299 |  |   |   | 443 |  |   |   | 404 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                                    |   | 73.2 |  | % |   | 71.7 |  | % |   | 85.4 |  | % |   | 66.9 |  | % |   | 71.6 |  | % |   | 68.2 |  | % |   | 78.0 |  | % |   | 73.5 |  | % |   | 76.3 |  | % |   | 75.8 |  | % |   | 74.7 |  | % |   | 73.2 |  | % |   | 74.3 |  | % |   | 72.8 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                           |   | 0.4 |  |   |   | 1.3 |  |   |   | 1.4 |  |   |   | 1.4 |  |   |   | (0.3 | ) |   |   | (3.1 | ) |   |   | 9.7 |  |   |   | 5.1 |  |   |   | 1.4 |  |   |   | 7.4 |  |   |   | 1.4 |  |   |   | 3.9 |  |   |   | 1.1 |  |   |   | 2.8 |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                     |   | 2.7 |  |   |   | (0.4 | ) |   |   | (10.2 | ) |   |   | 7.9 |  |   |   | 1.4 |  |   |   | (5.2 | ) |   |   | (4.7 | ) |   |   | (8.1 | ) |   |   | (1.2 | ) |   |   | (6.4 | ) |   |   | (0.9 | ) |   |   | (6.0 | ) |   |   | — |  |   |   | (4.1 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                            |   | — |  |   |   | (0.4 | ) |   |   | (0.4 | ) |   |   | (0.3 | ) |   |   | (0.1 | ) |   |   | (0.3 | ) |   |   | (0.7 | ) |   |   | (0.8 | ) |   |   | (0.4 | ) |   |   | (0.8 | ) |   |   | (0.4 | ) |   |   | (0.6 | ) |   |   | (0.3 | ) |   |   | (0.5 | ) |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                                |   | 76.3 |  | % |   | 72.2 |  | % |   | 76.2 |  | % |   | 75.9 |  | % |   | 72.6 |  | % |   | 59.6 |  | % |   | 82.3 |  | % |   | 69.7 |  | % |   | 76.1 |  | % |   | 76.0 |  | % |   | 74.8 |  | % |   | 70.5 |  | % |   | 75.1 |  | % |   | 71.0 |  | % |
| Homeowner:                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                                   | $ | 105 |  |   | $ | 118 |  |   | $ | 116 |  |   | $ | 89 |  |   | $ | 93 |  |   | $ | 105 |  |   | $ | 103 |  |   | $ | 77 |  |   | $ | 205 |  |   | $ | 180 |  |   | $ | 323 |  |   | $ | 285 |  |   | $ | 428 |  |   | $ | 378 |  |   |
| Earned premiums                                                                                                                                                                                                                                                    |   | 105 |  |   |   | 103 |  |   |   | 99 |  |   |   | 96 |  |   |   | 92 |  |   |   | 90 |  |   |   | 87 |  |   |   | 84 |  |   |   | 195 |  |   |   | 171 |  |   |   | 298 |  |   |   | 261 |  |   |   | 403 |  |   |   | 353 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                                    |   | 52.5 |  | % |   | 55.2 |  | % |   | 50.5 |  | % |   | 40.6 |  | % |   | 52.1 |  | % |   | 80.7 |  | % |   | 74.0 |  | % |   | 63.0 |  | % |   | 45.6 |  | % |   | 68.6 |  | % |   | 48.9 |  | % |   | 72.8 |  | % |   | 49.9 |  | % |   | 67.4 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                           |   | 16.1 |  |   |   | 18.7 |  |   |   | 30.1 |  |   |   | 9.4 |  |   |   | 10.4 |  |   |   | 28.1 |  |   |   | 59.2 |  |   |   | 60.4 |  |   |   | 19.9 |  |   |   | 59.8 |  |   |   | 19.5 |  |   |   | 48.9 |  |   |   | 18.6 |  |   |   | 38.8 |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                     |   | 0.2 |  |   |   | (3.2 | ) |   |   | (7.4 | ) |   |   | (0.7 | ) |   |   | (17.3 | ) |   |   | (11.9 | ) |   |   | (6.0 | ) |   |   | (2.9 | ) |   |   | (4.1 | ) |   |   | (4.5 | ) |   |   | (3.8 | ) |   |   | (7.1 | ) |   |   | (2.8 | ) |   |   | (9.7 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                            |   | 0.6 |  |   |   | (4.2 | ) |   |   | (2.0 | ) |   |   | (2.4 | ) |   |   | (0.4 | ) |   |   | (4.9 | ) |   |   | (5.7 | ) |   |   | (9.8 | ) |   |   | (2.2 | ) |   |   | (7.7 | ) |   |   | (2.9 | ) |   |   | (6.8 | ) |   |   | (2.0 | ) |   |   | (5.1 | ) |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                                |   | 69.4 |  | % |   | 66.5 |  | % |   | 71.2 |  | % |   | 46.9 |  | % |   | 44.8 |  | % |   | 92.0 |  | % |   | 121.5 | % |   | 110.7 | % |   | 59.2 |  | % |   | 116.2 | % |   | 61.7 |  | % |   | 107.8 | % |   | 63.7 |  | % |   | 91.4 |  | % |
| Other personal:                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                                   | $ | 27 |  |   | $ | 32 |  |   | $ | 32 |  |   | $ | 26 |  |   | $ | 27 |  |   | $ | 31 |  |   | $ | 32 |  |   | $ | 25 |  |   | $ | 58 |  |   | $ | 57 |  |   | $ | 90 |  |   | $ | 88 |  |   | $ | 117 |  |   | $ | 115 |  |   |
| Earned premiums                                                                                                                                                                                                                                                    |   | 29 |  |   |   | 29 |  |   |   | 29 |  |   |   | 28 |  |   |   | 29 |  |   |   | 28 |  |   |   | 27 |  |   |   | 27 |  |   |   | 57 |  |   |   | 54 |  |   |   | 86 |  |   |   | 82 |  |   |   | 115 |  |   |   | 111 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                                    |   | 57.2 |  | % |   | 56.3 |  | % |   | 52.5 |  | % |   | 56.7 |  | % |   | 38.6 |  | % |   | 46.2 |  | % |   | 68.6 |  | % |   | 63.1 |  | % |   | 54.5 |  | % |   | 65.9 |  | % |   | 55.2 |  | % |   | 59.2 |  | % |   | 55.7 |  | % |   | 53.8 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                           |   | 3.1 |  |   |   | 5.5 |  |   |   | 4.3 |  |   |   | 1.5 |  |   |   | 4.5 |  |   |   | 18.4 |  |   |   | 6.0 |  |   |   | 11.7 |  |   |   | 2.9 |  |   |   | 8.8 |  |   |   | 3.8 |  |   |   | 12.1 |  |   |   | 3.6 |  |   |   | 10.1 |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                     |   | (2.1 | ) |   |   | (39.8 | ) |   |   | (17.8 | ) |   |   | (1.5 | ) |   |   | (46.1 | ) |   |   | (30.4 | ) |   |   | 6.2 |  |   |   | (22.1 | ) |   |   | (9.5 | ) |   |   | (7.8 | ) |   |   | (19.9 | ) |   |   | (15.5 | ) |   |   | (15.4 | ) |   |   | (23.5 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                            |   | 0.2 |  |   |   | (1.6 | ) |   |   | (0.9 | ) |   |   | (1.2 | ) |   |   | (0.2 | ) |   |   | (1.2 | ) |   |   | (1.2 | ) |   |   | (3.1 | ) |   |   | (1.1 | ) |   |   | (2.1 | ) |   |   | (1.3 | ) |   |   | (1.8 | ) |   |   | (0.9 | ) |   |   | (1.4 | ) |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                                |   | 58.4 |  | % |   | 20.4 |  | % |   | 38.1 |  | % |   | 55.5 |  | % |   | (3.2 | ) | % |   | 33.0 |  | % |   | 79.6 |  | % |   | 49.6 |  | % |   | 46.8 |  | % |   | 64.8 |  | % |   | 37.8 |  | % |   | 54.0 |  | % |   | 43.0 |  | % |   | 39.0 |  | % |
|                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Quarterly Property Casualty Data - Excess & Surplus Lines                                                                                                                                                                                                      |
|                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Dollars in millions)                                                                                                                                                                                                                                              | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                                                                                                                                                                                               | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Excess & Surplus:                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums                                                                                                                                                                                                                                                   | $ | 34 |  |   | $ | 34 |  |   | $ | 33 |  |   | $ | 27 |  |   | $ | 27 |  |   | $ | 27 |  |   | $ | 27 |  |   | $ | 24 |  |   | $ | 60 |  |   | $ | 51 |  |   | $ | 94 |  |   | $ | 78 |  |   | $ | 128 |  |   | $ | 105 |  |   |
| Earned premiums                                                                                                                                                                                                                                                    |   | 31 |  |   |   | 30 |  |   |   | 28 |  |   |   | 27 |  |   |   | 25 |  |   |   | 25 |  |   |   | 22 |  |   |   | 21 |  |   |   | 55 |  |   |   | 43 |  |   |   | 85 |  |   |   | 68 |  |   |   | 116 |  |   |   | 93 |  |   |
| Current accident year before catastrophe losses                                                                                                                                                                                                                    |   | 62.6 |  | % |   | 67.2 |  | % |   | 65.7 |  | % |   | 73.6 |  | % |   | 52.3 |  | % |   | 87.5 |  | % |   | 74.6 |  | % |   | 78.3 |  | % |   | 69.6 |  | % |   | 76.4 |  | % |   | 68.7 |  | % |   | 80.4 |  | % |   | 67.1 |  | % |   | 72.8 |  | % |
| Current accident year catastrophe losses                                                                                                                                                                                                                           |   | (1.9 | ) |   |   | 3.4 |  |   |   | 0.9 |  |   |   | 0.1 |  |   |   | 1.4 |  |   |   | 1.4 |  |   |   | 3.2 |  |   |   | 2.4 |  |   |   | 0.6 |  |   |   | 2.8 |  |   |   | 1.6 |  |   |   | 2.3 |  |   |   | 0.7 |  |   |   | 2.1 |  |   |
| Prior accident years before catastrophe losses                                                                                                                                                                                                                     |   | (19.9 | ) |   |   | (13.7 | ) |   |   | (0.7 | ) |   |   | (8.8 | ) |   |   | (15.3 | ) |   |   | (6.0 | ) |   |   | 0.7 |  |   |   | (0.4 | ) |   |   | (4.7 | ) |   |   | 0.2 |  |   |   | (7.9 | ) |   |   | (2.0 | ) |   |   | (11.2 | ) |   |   | (5.6 | ) |   |
| Prior accident years catastrophe losses                                                                                                                                                                                                                            |   | 0.2 |  |   |   | (0.9 | ) |   |   | 1.0 |  |   |   | 0.3 |  |   |   | (0.2 | ) |   |   | (0.7 | ) |   |   | 0.3 |  |   |   | 1.3 |  |   |   | 0.6 |  |   |   | 0.7 |  |   |   | 0.1 |  |   |   | 0.2 |  |   |   | 0.1 |  |   |   | 0.1 |  |   |
|    Total loss and loss expense ratio                                                                                                                                                                                                                |   | 41.0 |  | % |   | 56.0 |  | % |   | 66.9 |  | % |   | 65.2 |  | % |   | 38.2 |  | % |   | 82.2 |  | % |   | 78.8 |  | % |   | 81.6 |  | % |   | 66.1 |  | % |   | 80.1 |  | % |   | 62.5 |  | % |   | 80.9 |  | % |   | 56.7 |  | % |   | 69.4 |  | % |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year    as each is computed independently |

----

|                                                                                    |
|------------------------------------------------------------------------------------|
|                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cincinnati Insurance Companies Consolidated                                        |
| Loss and Loss Expense Analysis                                                     |
| (In millions)                                                                      |   |   |   |   |   |   |   | Change in |   | Change in |   | Change in |   | Total |   |   |   |   |   | Loss |   |   |
|                                                                               | Paid |   | Paid loss |   | Total |   | case |   | IBNR |   | loss expense |   | change in |   | Case |   | IBNR |   | expense |   | Total |
|                                                                               | losses |   | expense |   | paid |   | reserves |   | reserves |   | reserves |   | reserves |   | incurred |   | incurred |   | incurred |   | incurred |
| Gross loss and loss expense incurred for the twelve months ended December 31, 2013 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Commercial casualty                                                    | $ | 264 |  | $ | 140 |  | $ | 404 |  | $ | (26 | ) | $ | 45 |  | $ | (7 | ) | $ | 12 |  | $ | 238 |  | $ | 45 |  | $ | 133 |  | $ | 416 |  |
|   Commercial property                                                    |   | 354 |  |   | 30 |  |   | 384 |  |   | (9 | ) |   | 8 |  |   | — |  |   | (1 | ) |   | 345 |  |   | 8 |  |   | 30 |  |   | 383 |  |
|   Commercial auto                                                        |   | 264 |  |   | 45 |  |   | 309 |  |   | 13 |  |   | 5 |  |   | 3 |  |   | 21 |  |   | 277 |  |   | 5 |  |   | 48 |  |   | 330 |  |
|   Workers' compensation                                                  |   | 204 |  |   | 43 |  |   | 247 |  |   | (12 | ) |   | 49 |  |   | (2 | ) |   | 35 |  |   | 192 |  |   | 49 |  |   | 41 |  |   | 282 |  |
|   Specialty packages                                                     |   | 138 |  |   | 18 |  |   | 156 |  |   | (57 | ) |   | 5 |  |   | (2 | ) |   | (54 | ) |   | 81 |  |   | 5 |  |   | 16 |  |   | 102 |  |
|   Surety and executive risk                                              |   | 53 |  |   | 17 |  |   | 70 |  |   | 18 |  |   | (4 | ) |   | (6 | ) |   | 8 |  |   | 71 |  |   | (4 | ) |   | 11 |  |   | 78 |  |
|   Machinery and equipment                                                |   | 12 |  |   | — |  |   | 12 |  |   | — |  |   | 2 |  |   | — |  |   | 2 |  |   | 12 |  |   | 2 |  |   | — |  |   | 14 |  |
|     Total commercial lines                                     |   | 1,289 |  |   | 293 |  |   | 1,582 |  |   | (73 | ) |   | 110 |  |   | (14 | ) |   | 23 |  |   | 1,216 |  |   | 110 |  |   | 279 |  |   | 1,605 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Personal auto                                                          |   | 270 |  |   | 47 |  |   | 317 |  |   | 38 |  |   | (8 | ) |   | 9 |  |   | 39 |  |   | 308 |  |   | (8 | ) |   | 56 |  |   | 356 |  |
|   Homeowners                                                             |   | 247 |  |   | 26 |  |   | 273 |  |   | (2 | ) |   | (12 | ) |   | (2 | ) |   | (16 | ) |   | 245 |  |   | (12 | ) |   | 24 |  |   | 257 |  |
|   Other personal                                                         |   | 46 |  |   | 5 |  |   | 51 |  |   | 7 |  |   | (10 | ) |   | — |  |   | (3 | ) |   | 53 |  |   | (10 | ) |   | 5 |  |   | 48 |  |
|     Total personal lines                                       |   | 563 |  |   | 78 |  |   | 641 |  |   | 43 |  |   | (30 | ) |   | 7 |  |   | 20 |  |   | 606 |  |   | (30 | ) |   | 85 |  |   | 661 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total excess & surplus lines                           |   | 26 |  |   | 11 |  |   | 37 |  |   | 4 |  |   | 20 |  |   | 7 |  |   | 31 |  |   | 30 |  |   | 20 |  |   | 18 |  |   | 68 |  |
|       Total property casualty                        | $ | 1,878 |  | $ | 382 |  | $ | 2,260 |  | $ | (26 | ) | $ | 100 |  | $ | — |  | $ | 74 |  | $ | 1,852 |  | $ | 100 |  | $ | 382 |  | $ | 2,334 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ceded loss and loss expense incurred for the twelve months ended December 31, 2013 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Commercial casualty                                                    | $ | 5 |  | $ | 10 |  | $ | 15 |  | $ | (8 | ) | $ | (3 | ) | $ | 3 |  | $ | (8 | ) | $ | (3 | ) | $ | (3 | ) | $ | 13 |  | $ | 7 |  |
|   Commercial property                                                    |   | 16 |  |   | 1 |  |   | 17 |  |   | (16 | ) |   | (4 | ) |   | — |  |   | (20 | ) |   | — |  |   | (4 | ) |   | 1 |  |   | (3 | ) |
|   Commercial auto                                                        |   | — |  |   | — |  |   | — |  |   | 1 |  |   | — |  |   | — |  |   | 1 |  |   | 1 |  |   | — |  |   | — |  |   | 1 |  |
|   Workers' compensation                                                  |   | 11 |  |   | — |  |   | 11 |  |   | 1 |  |   | (1 | ) |   | — |  |   | — |  |   | 12 |  |   | (1 | ) |   | — |  |   | 11 |  |
|   Specialty packages                                                     |   | 31 |  |   | 1 |  |   | 32 |  |   | (44 | ) |   | (1 | ) |   | — |  |   | (45 | ) |   | (13 | ) |   | (1 | ) |   | 1 |  |   | (13 | ) |
|   Surety and executive risk                                              |   | 8 |  |   | 1 |  |   | 9 |  |   | (3 | ) |   | — |  |   | — |  |   | (3 | ) |   | 5 |  |   | — |  |   | 1 |  |   | 6 |  |
|   Machinery and equipment                                                |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|     Total commercial lines                                     |   | 71 |  |   | 13 |  |   | 84 |  |   | (69 | ) |   | (9 | ) |   | 3 |  |   | (75 | ) |   | 2 |  |   | (9 | ) |   | 16 |  |   | 9 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Personal auto                                                          |   | 1 |  |   | — |  |   | 1 |  |   | 23 |  |   | (1 | ) |   | — |  |   | 22 |  |   | 24 |  |   | (1 | ) |   | — |  |   | 23 |  |
|   Homeowners                                                             |   | 2 |  |   | — |  |   | 2 |  |   | 3 |  |   | (5 | ) |   | — |  |   | (2 | ) |   | 5 |  |   | (5 | ) |   | — |  |   | — |  |
|   Other personal                                                         |   | — |  |   | — |  |   | — |  |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |
|     Total personal lines                                       |   | 3 |  |   | — |  |   | 3 |  |   | 26 |  |   | (7 | ) |   | — |  |   | 19 |  |   | 29 |  |   | (7 | ) |   | — |  |   | 22 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total excess & surplus lines                           |   | 2 |  |   | — |  |   | 2 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 2 |  |   | — |  |   | — |  |   | 2 |  |
|       Total property casualty                        | $ | 76 |  | $ | 13 |  | $ | 89 |  | $ | (43 | ) | $ | (16 | ) | $ | 3 |  | $ | (56 | ) | $ | 33 |  | $ | (16 | ) | $ | 16 |  | $ | 33 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss and loss expense incurred for the twelve months ended December 31, 2013   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Commercial casualty                                                    | $ | 259 |  | $ | 130 |  | $ | 389 |  | $ | (18 | ) | $ | 48 |  | $ | (10 | ) | $ | 20 |  | $ | 241 |  | $ | 48 |  | $ | 120 |  | $ | 409 |  |
|   Commercial property                                                    |   | 338 |  |   | 29 |  |   | 367 |  |   | 7 |  |   | 12 |  |   | — |  |   | 19 |  |   | 345 |  |   | 12 |  |   | 29 |  |   | 386 |  |
|   Commercial auto                                                        |   | 264 |  |   | 45 |  |   | 309 |  |   | 12 |  |   | 5 |  |   | 3 |  |   | 20 |  |   | 276 |  |   | 5 |  |   | 48 |  |   | 329 |  |
|   Workers' compensation                                                  |   | 193 |  |   | 43 |  |   | 236 |  |   | (13 | ) |   | 50 |  |   | (2 | ) |   | 35 |  |   | 180 |  |   | 50 |  |   | 41 |  |   | 271 |  |
|   Specialty packages                                                     |   | 107 |  |   | 17 |  |   | 124 |  |   | (13 | ) |   | 6 |  |   | (2 | ) |   | (9 | ) |   | 94 |  |   | 6 |  |   | 15 |  |   | 115 |  |
|   Surety and executive risk                                              |   | 45 |  |   | 16 |  |   | 61 |  |   | 21 |  |   | (4 | ) |   | (6 | ) |   | 11 |  |   | 66 |  |   | (4 | ) |   | 10 |  |   | 72 |  |
|   Machinery and equipment                                                |   | 12 |  |   | — |  |   | 12 |  |   | — |  |   | 2 |  |   | — |  |   | 2 |  |   | 12 |  |   | 2 |  |   | — |  |   | 14 |  |
|     Total commercial lines                                     |   | 1,218 |  |   | 280 |  |   | 1,498 |  |   | (4 | ) |   | 119 |  |   | (17 | ) |   | 98 |  |   | 1,214 |  |   | 119 |  |   | 263 |  |   | 1,596 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Personal auto                                                          |   | 269 |  |   | 47 |  |   | 316 |  |   | 15 |  |   | (7 | ) |   | 9 |  |   | 17 |  |   | 284 |  |   | (7 | ) |   | 56 |  |   | 333 |  |
|   Homeowners                                                             |   | 245 |  |   | 26 |  |   | 271 |  |   | (5 | ) |   | (7 | ) |   | (2 | ) |   | (14 | ) |   | 240 |  |   | (7 | ) |   | 24 |  |   | 257 |  |
|   Other personal                                                         |   | 46 |  |   | 5 |  |   | 51 |  |   | 7 |  |   | (9 | ) |   | — |  |   | (2 | ) |   | 53 |  |   | (9 | ) |   | 5 |  |   | 49 |  |
|     Total personal lines                                       |   | 560 |  |   | 78 |  |   | 638 |  |   | 17 |  |   | (23 | ) |   | 7 |  |   | 1 |  |   | 577 |  |   | (23 | ) |   | 85 |  |   | 639 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total excess & surplus lines                           |   | 24 |  |   | 11 |  |   | 35 |  |   | 4 |  |   | 20 |  |   | 7 |  |   | 31 |  |   | 28 |  |   | 20 |  |   | 18 |  |   | 66 |  |
|       Total property casualty                        | $ | 1,802 |  | $ | 369 |  | $ | 2,171 |  | $ | 17 |  | $ | 116 |  | $ | (3 | ) | $ | 130 |  | $ | 1,819 |  | $ | 116 |  | $ | 366 |  | $ | 2,301 |  |
|                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                                                   |
|-----------------------------------------------------------------------------------|
|                                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Cincinnati Insurance Companies Consolidated                                       |
| Loss and Loss Expense Analysis                                                    |
| (In millions)                                                                     |   |   |   | Paid |   |   |   | Change in |   | Change in |   | Change in |   | Total |   |   |   |   |   | Loss |   |   |
|                                                                              | Paid |   | loss |   | Total |   | case |   | IBNR |   | loss expense |   | change in |   | Case |   | IBNR |   | expense |   | Total |
|                                                                              | losses |   | expense |   | paid |   | reserves |   | reserves |   | reserves |   | reserves |   | incurred |   | incurred |   | incurred |   | incurred |
| Gross loss and loss expense incurred for the three months ended December 31, 2013 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Commercial casualty                                                   | $ | 79 |  | $ | 42 |  | $ | 121 |  | $ | (26 | ) | $ | 23 |  | $ | 4 |  | $ | 1 |  | $ | 53 |  | $ | 23 |  | $ | 46 |  | $ | 122 |  |
|   Commercial property                                                   |   | 94 |  |   | 7 |  |   | 101 |  |   | (18 | ) |   | 7 |  |   | — |  |   | (11 | ) |   | 76 |  |   | 7 |  |   | 7 |  |   | 90 |  |
|   Commercial auto                                                       |   | 70 |  |   | 13 |  |   | 83 |  |   | 6 |  |   | 1 |  |   | 1 |  |   | 8 |  |   | 76 |  |   | 1 |  |   | 14 |  |   | 91 |  |
|   Workers' compensation                                                 |   | 51 |  |   | 11 |  |   | 62 |  |   | 8 |  |   | 5 |  |   | 4 |  |   | 17 |  |   | 59 |  |   | 5 |  |   | 15 |  |   | 79 |  |
|   Specialty packages                                                    |   | 25 |  |   | 4 |  |   | 29 |  |   | (20 | ) |   | 1 |  |   | — |  |   | (19 | ) |   | 5 |  |   | 1 |  |   | 4 |  |   | 10 |  |
|   Surety and executive risk                                             |   | 18 |  |   | 5 |  |   | 23 |  |   | 1 |  |   | (9 | ) |   | (2 | ) |   | (10 | ) |   | 19 |  |   | (9 | ) |   | 3 |  |   | 13 |  |
|   Machinery and equipment                                               |   | 3 |  |   | — |  |   | 3 |  |   | — |  |   | 2 |  |   | — |  |   | 2 |  |   | 3 |  |   | 2 |  |   | — |  |   | 5 |  |
|     Total commercial lines                                    |   | 340 |  |   | 82 |  |   | 422 |  |   | (49 | ) |   | 30 |  |   | 7 |  |   | (12 | ) |   | 291 |  |   | 30 |  |   | 89 |  |   | 410 |  |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Personal auto                                                         |   | 73 |  |   | 12 |  |   | 85 |  |   | 6 |  |   | (8 | ) |   | 3 |  |   | 1 |  |   | 79 |  |   | (8 | ) |   | 15 |  |   | 86 |  |
|   Homeowners                                                            |   | 58 |  |   | 6 |  |   | 64 |  |   | (5 | ) |   | 15 |  |   | — |  |   | 10 |  |   | 53 |  |   | 15 |  |   | 6 |  |   | 74 |  |
|   Other personal                                                        |   | 11 |  |   | 2 |  |   | 13 |  |   | (1 | ) |   | 4 |  |   | — |  |   | 3 |  |   | 10 |  |   | 4 |  |   | 2 |  |   | 16 |  |
|     Total personal lines                                      |   | 142 |  |   | 20 |  |   | 162 |  |   | — |  |   | 11 |  |   | 3 |  |   | 14 |  |   | 142 |  |   | 11 |  |   | 23 |  |   | 176 |  |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total excess & surplus lines                          |   | 9 |  |   | 3 |  |   | 12 |  |   | (6 | ) |   | 7 |  |   | 2 |  |   | 3 |  |   | 3 |  |   | 7 |  |   | 5 |  |   | 15 |  |
|       Total property casualty                       | $ | 491 |  | $ | 105 |  | $ | 596 |  | $ | (55 | ) | $ | 48 |  | $ | 12 |  | $ | 5 |  | $ | 436 |  | $ | 48 |  | $ | 117 |  | $ | 601 |  |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ceded loss and loss expense incurred for the three months ended December 31, 2013 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Commercial casualty                                                   | $ | (4 | ) | $ | 6 |  | $ | 2 |  | $ | (3 | ) | $ | (4 | ) | $ | 3 |  | $ | (4 | ) | $ | (7 | ) | $ | (4 | ) | $ | 9 |  | $ | (2 | ) |
|   Commercial property                                                   |   | 7 |  |   | — |  |   | 7 |  |   | (7 | ) |   | — |  |   | — |  |   | (7 | ) |   | — |  |   | — |  |   | — |  |   | — |  |
|   Commercial auto                                                       |   | — |  |   | — |  |   | — |  |   | (1 | ) |   | — |  |   | — |  |   | (1 | ) |   | (1 | ) |   | — |  |   | — |  |   | (1 | ) |
|   Workers' compensation                                                 |   | 3 |  |   | — |  |   | 3 |  |   | 6 |  |   | (1 | ) |   | — |  |   | 5 |  |   | 9 |  |   | (1 | ) |   | — |  |   | 8 |  |
|   Specialty packages                                                    |   | 3 |  |   | — |  |   | 3 |  |   | (12 | ) |   | — |  |   | — |  |   | (12 | ) |   | (9 | ) |   | — |  |   | — |  |   | (9 | ) |
|   Surety and executive risk                                             |   | 4 |  |   | 1 |  |   | 5 |  |   | (2 | ) |   | — |  |   | — |  |   | (2 | ) |   | 2 |  |   | — |  |   | 1 |  |   | 3 |  |
|   Machinery and equipment                                               |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|     Total commercial lines                                    |   | 13 |  |   | 7 |  |   | 20 |  |   | (19 | ) |   | (5 | ) |   | 3 |  |   | (21 | ) |   | (6 | ) |   | (5 | ) |   | 10 |  |   | (1 | ) |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Personal auto                                                         |   | — |  |   | — |  |   | — |  |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |
|   Homeowners                                                            |   | 1 |  |   | — |  |   | 1 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 1 |  |   | — |  |   | — |  |   | 1 |  |
|   Other personal                                                        |   | — |  |   | — |  |   | — |  |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |   | — |  |   | (1 | ) |
|     Total personal lines                                      |   | 1 |  |   | — |  |   | 1 |  |   | — |  |   | (2 | ) |   | — |  |   | (2 | ) |   | 1 |  |   | (2 | ) |   | — |  |   | (1 | ) |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total excess & surplus lines                          |   | — |  |   | — |  |   | — |  |   | 1 |  |   | 1 |  |   | — |  |   | 2 |  |   | 1 |  |   | 1 |  |   | — |  |   | 2 |  |
|       Total property casualty                       | $ | 14 |  | $ | 7 |  | $ | 21 |  | $ | (18 | ) | $ | (6 | ) | $ | 3 |  | $ | (21 | ) | $ | (4 | ) | $ | (6 | ) | $ | 10 |  | $ | — |  |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss and loss expense incurred for the three months ended December 31, 2013   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Commercial casualty                                                   | $ | 83 |  | $ | 36 |  | $ | 119 |  | $ | (23 | ) | $ | 27 |  | $ | 1 |  | $ | 5 |  | $ | 60 |  | $ | 27 |  | $ | 37 |  | $ | 124 |  |
|   Commercial property                                                   |   | 87 |  |   | 7 |  |   | 94 |  |   | (11 | ) |   | 7 |  |   | — |  |   | (4 | ) |   | 76 |  |   | 7 |  |   | 7 |  |   | 90 |  |
|   Commercial auto                                                       |   | 70 |  |   | 13 |  |   | 83 |  |   | 7 |  |   | 1 |  |   | 1 |  |   | 9 |  |   | 77 |  |   | 1 |  |   | 14 |  |   | 92 |  |
|   Workers' compensation                                                 |   | 48 |  |   | 11 |  |   | 59 |  |   | 2 |  |   | 6 |  |   | 4 |  |   | 12 |  |   | 50 |  |   | 6 |  |   | 15 |  |   | 71 |  |
|   Specialty packages                                                    |   | 22 |  |   | 4 |  |   | 26 |  |   | (8 | ) |   | 1 |  |   | — |  |   | (7 | ) |   | 14 |  |   | 1 |  |   | 4 |  |   | 19 |  |
|   Surety and executive risk                                             |   | 14 |  |   | 4 |  |   | 18 |  |   | 3 |  |   | (9 | ) |   | (2 | ) |   | (8 | ) |   | 17 |  |   | (9 | ) |   | 2 |  |   | 10 |  |
|   Machinery and equipment                                               |   | 3 |  |   | — |  |   | 3 |  |   | — |  |   | 2 |  |   | — |  |   | 2 |  |   | 3 |  |   | 2 |  |   | — |  |   | 5 |  |
|     Total commercial lines                                    |   | 327 |  |   | 75 |  |   | 402 |  |   | (30 | ) |   | 35 |  |   | 4 |  |   | 9 |  |   | 297 |  |   | 35 |  |   | 79 |  |   | 411 |  |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Personal auto                                                         |   | 73 |  |   | 12 |  |   | 85 |  |   | 6 |  |   | (7 | ) |   | 3 |  |   | 2 |  |   | 79 |  |   | (7 | ) |   | 15 |  |   | 87 |  |
|   Homeowners                                                            |   | 57 |  |   | 6 |  |   | 63 |  |   | (5 | ) |   | 15 |  |   | — |  |   | 10 |  |   | 52 |  |   | 15 |  |   | 6 |  |   | 73 |  |
|   Other personal                                                        |   | 11 |  |   | 2 |  |   | 13 |  |   | (1 | ) |   | 5 |  |   | — |  |   | 4 |  |   | 10 |  |   | 5 |  |   | 2 |  |   | 17 |  |
|     Total personal lines                                      |   | 141 |  |   | 20 |  |   | 161 |  |   | — |  |   | 13 |  |   | 3 |  |   | 16 |  |   | 141 |  |   | 13 |  |   | 23 |  |   | 177 |  |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total excess & surplus lines                          |   | 9 |  |   | 3 |  |   | 12 |  |   | (7 | ) |   | 6 |  |   | 2 |  |   | 1 |  |   | 2 |  |   | 6 |  |   | 5 |  |   | 13 |  |
|       Total property casualty                       | $ | 477 |  | $ | 98 |  | $ | 575 |  | $ | (37 | ) | $ | 54 |  | $ | 9 |  | $ | 26 |  | $ | 440 |  | $ | 54 |  | $ | 107 |  | $ | 601 |  |
|                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                              |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                  |
| 5-Year Property Casualty Data - All Lines                                                                                                                                                                                                                                                                                                                                                    |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                        | Years ended December 31, |
|                                                                                                                                                                                                                                                                                                                                                                                         | 2013 | 2012 | 2011 | 2010 | 2009 |
| Premiums*                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                | $ | 3,869 |  |   | $ | 3,467 |  |   | $ | 3,105 |  |   | $ | 2,952 |  |   | $ | 2,919 |  |   |
|    Written premium adjustment – statutory                                                                                                                                                                                                                                                                                                                               |   | 24 |  |   |   | 15 |  |   |   | (7 | ) |   |   | 11 |  |   |   | (8 | ) |   |
|    Reported written premiums – statutory                                                                                                                                                                                                                                                                                                                                |   | 3,893 |  |   |   | 3,482 |  |   |   | 3,098 |  |   |   | 2,963 |  |   |   | 2,911 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                    |   | (180 | ) |   |   | (138 | ) |   |   | (69 | ) |   |   | (39 | ) |   |   | — |  |   |
|    Earned premiums (GAAP)                                                                                                                                                                                                                                                                                                                                                     | $ | 3,713 |  |   | $ | 3,344 |  |   | $ | 3,029 |  |   | $ | 2,924 |  |   | $ | 2,911 |  |   |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Year-over-year growth rate:                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                |   | 12 |  | % |   | 12 |  | % |   | 5 |  | % |   | 1 |  | % |   | (4 | ) | % |
|    Written premiums – statutory                                                                                                                                                                                                                                                                                                                                         |   | 12 |  | % |   | 12 |  | % |   | 5 |  | % |   | 2 |  | % |   | (3 | ) | % |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                            |   | 11 |  | % |   | 10 |  | % |   | 4 |  | % |   | — |  | % |   | (3 | ) | % |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Statutory combined ratio*                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reported statutory combined ratio                                                                                                                                                                                                                                                                                                                                          |   | 92.7 |  | % |   | 95.4 |  | % |   | 108.9 |  | % |   | 101.8 |  | % |   | 104.4 |  | % |
|    Less catastrophe losses                                                                                                                                                                                                                                                                                                                                                    |   | 4.6 |  |   |   | 10.0 |  |   |   | 13.3 |  |   |   | 5.1 |  |   |   | 5.7 |  |   |
|    Statutory combined ratio excluding catastrophe losses                                                                                                                                                                                                                                                                                                                      |   | 88.1 |  | % |   | 85.4 |  | % |   | 95.6 |  | % |   | 96.7 |  | % |   | 98.7 |  | % |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reported commission expense ratio                                                                                                                                                                                                                                                                                                                                          |   | 18.6 |  | % |   | 18.9 |  | % |   | 18.6 |  | % |   | 18.7 |  | % |   | 19.0 |  | % |
|    Reported other expense ratio                                                                                                                                                                                                                                                                                                                                               |   | 12.2 |  |   |   | 12.6 |  |   |   | 13.3 |  |   |   | 14.2 |  |   |   | 13.7 |  |   |
|    Reported statutory expense ratio                                                                                                                                                                                                                                                                                                                                           |   | 30.8 |  | % |   | 31.5 |  | % |   | 31.9 |  | % |   | 32.9 |  | % |   | 32.7 |  | % |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                        |   | 93.8 |  | % |   | 96.1 |  | % |   | 109.3 |  | % |   | 101.8 |  | % |   | 104.5 |  | % |
|                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Written premiums to surplus                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Written premiums to statutory surplus ratio                                                                                                                                                                                                                                                                                                                                |   | 0.900 |  |   |   | 0.890 |  |   |   | 0.826 |  |   |   | 0.784 |  |   |   | 0.798 |  |   |
| Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. nm - Not meaningful * Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate     regulatory bodies. |

----

|                                                                                                                                                                                                                                                                                                                                                                                               |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                   |
| 5-Year Property Casualty Data - Commercial Lines                                                                                                                                                                                                                                                                                                                                              |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                         | Years ended December 31, |
|                                                                                                                                                                                                                                                                                                                                                                                          | 2013 | 2012 | 2011 | 2010 | 2009 |
| Premiums*                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                 | $ | 2,736 |  |   | $ | 2,444 |  |   | $ | 2,225 |  |   | $ | 2,144 |  |   | $ | 2,190 |  |   |
|    Written premium adjustment – statutory                                                                                                                                                                                                                                                                                                                                |   | 24 |  |   |   | 15 |  |   |   | (7 | ) |   |   | 11 |  |   |   | (9 | ) |   |
|    Reported written premiums – statutory                                                                                                                                                                                                                                                                                                                                 |   | 2,760 |  |   |   | 2,459 |  |   | $ | 2,218 |  |   | $ | 2,155 |  |   | $ | 2,181 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                     |   | (124 | ) |   |   | (76 | ) |   |   | (21 | ) |   |   | (1 | ) |   |   | 18 |  |   |
|    Earned premiums (GAAP)                                                                                                                                                                                                                                                                                                                                                      | $ | 2,636 |  |   | $ | 2,383 |  |   | $ | 2,197 |  |   | $ | 2,154 |  |   | $ | 2,199 |  |   |
|                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Year-over-year growth rate:                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                 |   | 13 |  | % |   | 10 |  | % |   | 4 |  | % |   | (2 | ) | % |   | (6 | ) | % |
|    Written premiums – statutory                                                                                                                                                                                                                                                                                                                                          |   | 12 |  | % |   | 11 |  | % |   | 3 |  | % |   | (1 | ) | % |   | (6 | ) | % |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                             |   | 11 |  | % |   | 8 |  | % |   | 2 |  | % |   | (2 | ) | % |   | (5 | ) | % |
|                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Statutory combined ratio*                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reported statutory combined ratio                                                                                                                                                                                                                                                                                                                                           |   | 91.8 |  | % |   | 92.1 |  | % |   | 104.2 |  | % | 99.6 |  | % | 101.8 |  | % |
|    Less catastrophe losses                                                                                                                                                                                                                                                                                                                                                     |   | 3.7 |  |   |   | 8.2 |  |   |   | 10.4 |  |   |   | 4.1 |  |   |   | 2.5 |  |   |
|    Statutory combined ratio excluding catastrophe losses                                                                                                                                                                                                                                                                                                                       |   | 88.1 |  | % |   | 83.9 |  | % |   | 93.8 |  | % | 95.5 |  | % | 99.3 |  | % |
|                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                         |   | 93.0 |  | % |   | 92.5 |  | % |   | 104.8 |  | % | 99.4 |  | % | 101.7 |  | % |
| Dollar amounts shown are rounded to million; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. nm - Not meaningful * Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate       regulatory bodies. |

----

|                                                                                                                                                                                                                                                                                                                                                                                                          |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                              |
| 5-Year Property Casualty Data - Personal Lines                                                                                                                                                                                                                                                                                                                                                           |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                    | Years ended December 31, |
|                                                                                                                                                                                                                                                                                                                                                                                                     | 2013 | 2012 | 2011 | 2010 | 2009 |
| Premiums*                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                            | $ | 1,005 |  |   | $ | 918 |  |   | $ | 801 |  |   | $ | 750 |  |   | $ | 690 |  |   |
|    Written premium adjustment – statutory                                                                                                                                                                                                                                                                                                                                           |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | 1 |  |   |
|    Reported written premiums – statutory                                                                                                                                                                                                                                                                                                                                            |   | 1,005 |  |   |   | 918 |  |   | $ | 801 |  |   | $ | 750 |  |   | $ | 691 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                                |   | (44 | ) |   |   | (50 | ) |   |   | (39 | ) |   |   | (29 | ) |   |   | (6 | ) |   |
|    Earned premiums (GAAP)                                                                                                                                                                                                                                                                                                                                                                 | $ | 961 |  |   | $ | 868 |  |   | $ | 762 |  |   | $ | 721 |  |   | $ | 685 |  |   |
|                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Year-over-year growth rate:                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                            |   | 9 |  | % |   | 15 |  | % |   | 7 |  | % |   | 9 |  | % |   | 1 |  | % |
|    Written premiums – statutory                                                                                                                                                                                                                                                                                                                                                     |   | 9 |  | % |   | 15 |  | % |   | 7 |  | % |   | 9 |  | % |   | 1 |  | % |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                                        |   | 11 |  | % |   | 14 |  | % |   | 6 |  | % |   | 5 |  | % |   | (1 | ) | % |
|                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Statutory combined ratio*                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reported statutory combined ratio                                                                                                                                                                                                                                                                                                                                                      |   | 96.3 |  | % |   | 104.0 |  | % |   | 124.2 |  | % | 107.1 |  | % | 111.4 |  | % |
|    Less catastrophe losses                                                                                                                                                                                                                                                                                                                                                                |   | 7.7 |  |   |   | 15.9 |  |   |   | 22.7 |  |   |   | 8.1 |  |   |   | 16.1 |  |   |
|    Statutory combined ratio excluding catastrophe losses                                                                                                                                                                                                                                                                                                                                  |   | 88.6 |  | % |   | 88.1 |  | % |   | 101.5 |  | % | 99.0 |  | % | 95.3 |  | % |
|                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                    |   | 96.8 |  | % |   | 105.3 |  | % |   | 124.0 |  | % | 107.8 |  | % | 111.9 |  | % |
| Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. nm - Not meaningful * Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate       regulatory bodies. |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                                                         |
| 5-Year Property Casualty Data - Excess & Surplus Lines                                                                                                                                                                                                                                                                                                                                                                          |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                               | Years ended December 31, |
|                                                                                                                                                                                                                                                                                                                                                                                                                                | 2013 | 2012 | 2011 | 2010 | 2009 |
| Premiums*                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                                                       | $ | 128 |  |   | $ | 105 |  |   | $ | 79 |  |   | $ | 58 |  |   | $ | 39 |  |   |
|    Written premium adjustment – statutory                                                                                                                                                                                                                                                                                                                                                                      |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |
|    Reported written premiums – statutory                                                                                                                                                                                                                                                                                                                                                                       | $ | 128 |  |   |   | 105 |  |   |   | 79 |  |   |   | 58 |  |   |   | 39 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                                                           |   | (12 | ) |   |   | (12 | ) |   |   | (9 | ) |   |   | (9 | ) |   |   | (12 | ) |   |
|    Earned premiums (GAAP)                                                                                                                                                                                                                                                                                                                                                                                            | $ | 116 |  |   | $ | 93 |  |   | $ | 70 |  |   | $ | 49 |  |   | $ | 27 |  |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Year-over-year growth rate:                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Adjusted written premiums – statutory                                                                                                                                                                                                                                                                                                                                                                       |   | 22 |  | % |   | 33 |  | % |   | 36 |  | % |   | 49 |  | % |   | 179 |  | % |
|    Written premiums – statutory                                                                                                                                                                                                                                                                                                                                                                                |   | 22 |  | % |   | 33 |  | % |   | 36 |  | % |   | 49 |  | % |   | 179 |  | % |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                                                                   |   | 25 |  | % |   | 33 |  | % |   | 43 |  | % |   | 81 |  | % |   | 440 |  | % |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Statutory combined ratio*                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Reported statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                 |   | 87.8 |  | % |   | 100.8 |  | % |   | 90.8 |  | % |   | 118.9 |  | % |   | 129.1 |  | % |
|    Less catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                           |   | 0.8 |  |   |   | 2.2 |  |   |   | 2.2 |  |   |   | 1.2 |  |   |   | 0.2 |  |   |
|    Statutory combined ratio excluding catastrophe losses                                                                                                                                                                                                                                                                                                                                                             |   | 87.0 |  | % |   | 98.6 |  | % |   | 88.6 |  | % |   | 117.7 |  | % |   | 128.9 |  | % |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                               |   | 87.8 |  | % |   | 101.0 |  | % |   | 92.2 |  | % |   | 117.2 |  | % |   | 145.5 |  | % |
| Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. nm - Not meaningful * Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate     regulatory bodies. *Excludes CSU Producers Resources Inc. |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Quarterly Property Casualty Data - Consolidated                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 854 |  |   | $ | 915 |  |   | $ | 879 |  |   | $ | 845 |  |   | $ | 771 |  |   | $ | 807 |  |   | $ | 798 |  |   | $ | 762 |  |   | $ | 1,724 |  |   | $ | 1,560 |  |   | $ | 2,639 |  |   | $ | 2,367 |  |   |   | 3,493 |  |   | $ | 3,138 |  |   |
|    Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 128 |  |   |   | 141 |  |   |   | 139 |  |   |   | 135 |  |   |   | 132 |  |   |   | 130 |  |   |   | 131 |  |   |   | 108 |  |   |   | 274 |  |   |   | 239 |  |   |   | 415 |  |   |   | 369 |  |   |   | 543 |  |   |   | 501 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (74 | ) |   |   | (25 | ) |   |   | (34 | ) |   |   | (10 | ) |   |   | (66 | ) |   |   | (38 | ) |   |   | (26 | ) |   |   | (27 | ) |   |   | (44 | ) |   |   | (53 | ) |   |   | (69 | ) |   |   | (91 | ) |   |   | (143 | ) |   |   | (157 | ) |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     | $ | 908 |  |   | $ | 1,031 |  |   | $ | 984 |  |   | $ | 970 |  |   | $ | 837 |  |   | $ | 899 |  |   | $ | 903 |  |   | $ | 843 |  |   | $ | 1,954 |  |   | $ | 1,746 |  |   | $ | 2,985 |  |   | $ | 2,645 |  |   |   | 3,893 |  |   | $ | 3,482 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 52 |  |   |   | (77 | ) |   |   | (74 | ) |   |   | (81 | ) |   |   | 32 |  |   |   | (48 | ) |   |   | (77 | ) |   |   | (45 | ) |   |   | (155 | ) |   |   | (122 | ) |   |   | (232 | ) |   |   | (170 | ) |   |   | (180 | ) |   |   | (138 | ) |   |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 960 |  |   | $ | 954 |  |   | $ | 910 |  |   | $ | 889 |  |   | $ | 869 |  |   | $ | 851 |  |   | $ | 826 |  |   | $ | 798 |  |   | $ | 1,799 |  |   | $ | 1,624 |  |   | $ | 2,753 |  |   | $ | 2,475 |  |   |   | 3,713 |  |   | $ | 3,344 |  |   |
| Year over year change %                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 11 |  | % |   | 13 |  | % |   | 10 |  | % |   | 11 |  | % |   | 8 |  | % |   | 11 |  | % |   | 11 |  | % |   | 8 |  | % |   | 11 |  | % |   | 9 |  | % |   | 11 |  | % |   | 10 |  | % |   | 11 |  | % |   | 9 |  | % |
|    Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (3 | ) |   |   | 8 |  |   |   | 6 |  |   |   | 25 |  |   |   | 28 |  |   |   | 13 |  |   |   | 12 |  |   |   | 6 |  |   |   | 15 |  |   |   | 9 |  |   |   | 12 |  |   |   | 10 |  |   |   | 8 |  |   |   | 15 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (12 | ) |   |   | 34 |  |   |   | (31 | ) |   |   | 63 |  |   |   | (20 | ) |   |   | 30 |  |   |   | 61 |  |   |   | 13 |  |   |   | 17 |  |   |   | 45 |  |   |   | 24 |  |   |   | 40 |  |   |   | 9 |  |   |   | 24 |  |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 8 |  |   |   | 15 |  |   |   | 9 |  |   |   | 15 |  |   |   | 10 |  |   |   | 14 |  |   |   | 18 |  |   |   | 8 |  |   |   | 12 |  |   |   | 13 |  |   |   | 13 |  |   |   | 13 |  |   |   | 12 |  |   |   | 12 |  |   |
| Paid losses and loss expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Losses paid                                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 477 |  |   | $ | 470 |  |   | $ | 431 |  |   | $ | 424 |  |   | $ | 459 |  |   | $ | 507 |  |   | $ | 475 |  |   | $ | 415 |  |   | $ | 855 |  |   | $ | 890 |  |   | $ | 1,325 |  |   | $ | 1,399 |  |   |   | 1,802 |  |   | $ | 1,858 |  |   |
|    Loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 98 |  |   |   | 92 |  |   |   | 90 |  |   |   | 89 |  |   |   | 96 |  |   |   | 88 |  |   |   | 97 |  |   |   | 90 |  |   |   | 179 |  |   |   | 189 |  |   |   | 271 |  |   |   | 275 |  |   |   | 369 |  |   |   | 371 |  |   |
|    Loss and loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 575 |  |   | $ | 562 |  |   | $ | 521 |  |   | $ | 513 |  |   | $ | 555 |  |   | $ | 595 |  |   | $ | 572 |  |   | $ | 505 |  |   | $ | 1,034 |  |   | $ | 1,079 |  |   | $ | 1,596 |  |   | $ | 1,674 |  |   |   | 2,171 |  |   | $ | 2,229 |  |   |
| Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Loss ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 51.6 |  | % |   | 51.7 |  | % |   | 56.3 |  | % |   | 48.9 |  | % |   | 40.6 |  | % |   | 52.8 |  | % |   | 66.7 |  | % |   | 55.9 |  | % |   | 52.7 |  | % |   | 61.4 |  | % |   | 52.3 |  | % |   | 58.4 |  | % |   | 52.1 |  | % |   | 53.8 |  | % |
|    Allocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 4.7 |  |   |   | 4.4 |  |   |   | 1.1 |  |   |   | 3.9 |  |   |   | 3.4 |  |   |   | 3.7 |  |   |   | 4.5 |  |   |   | 5.5 |  |   |   | 2.4 |  |   |   | 5.0 |  |   |   | 3.1 |  |   |   | 4.6 |  |   |   | 3.5 |  |   |   | 4.3 |  |   |
|    Unallocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 6.3 |  |   |   | 6.1 |  |   |   | 6.6 |  |   |   | 6.2 |  |   |   | 5.9 |  |   |   | 5.2 |  |   |   | 6.3 |  |   |   | 6.1 |  |   |   | 6.4 |  |   |   | 6.3 |  |   |   | 6.3 |  |   |   | 5.9 |  |   |   | 6.3 |  |   |   | 5.8 |  |   |
|    Net underwriting expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 32.8 |  |   |   | 30.1 |  |   |   | 30.6 |  |   |   | 29.9 |  |   |   | 33.0 |  |   |   | 31.8 |  |   |   | 30.2 |  |   |   | 31.3 |  |   |   | 30.3 |  |   |   | 30.7 |  |   |   | 30.3 |  |   |   | 31.1 |  |   |   | 30.8 |  |   |   | 31.5 |  |   |
|    Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 95.4 |  | % |   | 92.3 |  | % |   | 94.6 |  | % |   | 88.9 |  | % |   | 82.9 |  | % |   | 93.5 |  | % |   | 107.7 | % |   | 98.8 |  | % |   | 91.8 |  | % |   | 103.4 |  | % |   | 92.0 |  | % |   | 100.0 |  | % |   | 92.7 |  | % |   | 95.4 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 3.2 |  |   |   | 5.7 |  |   |   | 8.3 |  |   |   | 1.2 |  |   |   | 3.4 |  |   |   | 8.0 |  |   |   | 17.8 |  |   |   | 11.1 |  |   |   | 4.8 |  |   |   | 14.6 |  |   |   | 5.1 |  |   |   | 12.3 |  |   |   | 4.6 |  |   |   | 10.0 |  |   |
|    Statutory combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                |   | 92.2 |  | % |   | 86.6 |  | % |   | 86.3 |  | % |   | 87.7 |  | % |   | 79.5 |  | % |   | 85.5 |  | % |   | 89.9 |  | % |   | 87.7 |  | % |   | 87.0 |  | % |   | 88.8 |  | % |   | 86.9 |  | % |   | 87.7 |  | % |   | 88.1 |  | % |   | 85.4 |  | % |
|    Commission expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 19.5 |  | % |   | 18.5 |  | % |   | 18.5 |  | % |   | 17.9 |  | % |   | 20.4 |  | % |   | 18.4 |  | % |   | 18.1 |  | % |   | 18.9 |  | % |   | 18.2 |  | % |   | 18.5 |  | % |   | 18.3 |  | % |   | 18.5 |  | % |   | 18.6 |  | % |   | 18.9 |  | % |
|    Other expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 13.3 |  |   |   | 11.6 |  |   |   | 12.1 |  |   |   | 12.0 |  |   |   | 12.6 |  |   |   | 13.4 |  |   |   | 12.1 |  |   |   | 12.4 |  |   |   | 12.1 |  |   |   | 12.2 |  |   |   | 12.0 |  |   |   | 12.6 |  |   |   | 12.2 |  |   |   | 12.6 |  |   |
|    Statutory expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 32.8 |  | % |   | 30.1 |  | % |   | 30.6 |  | % |   | 29.9 |  | % |   | 33.0 |  | % |   | 31.8 |  | % |   | 30.2 |  | % |   | 31.3 |  | % |   | 30.3 |  | % |   | 30.7 |  | % |   | 30.3 |  | % |   | 31.1 |  | % |   | 30.8 |  | % |   | 31.5 |  | % |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 93.9 |  | % |   | 93.7 |  | % |   | 96.4 |  | % |   | 91.2 |  | % |   | 81.9 |  | % |   | 94.8 |  | % |   | 109.5 |  | % |   | 99.1 |  | % |   | 93.9 |  | % |   | 104.4 |  | % |   | 93.8 |  | % |   | 101.1 |  | % |   | 93.8 |  | % |   | 96.1 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 3.2 |  |   |   | 5.7 |  |   |   | 8.3 |  |   |   | 1.2 |  |   |   | 3.4 |  |   |   | 8.0 |  |   |   | 17.8 |  |   |   | 11.1 |  |   |   | 4.8 |  |   |   | 14.6 |  |   |   | 5.1 |  |   |   | 12.3 |  |   |   | 4.6 |  |   |   | 10.0 |  |   |
|    GAAP combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 90.7 |  | % |   | 88.0 |  | % |   | 88.1 |  | % |   | 90.0 |  | % |   | 78.5 |  | % |   | 86.8 |  | % |   | 91.7 |  | % |   | 88.0 |  | % |   | 89.1 |  | % |   | 89.8 |  | % |   | 88.7 |  | % |   | 88.8 |  | % |   | 89.2 |  | % |   | 86.1 |  | % |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as    each is computed independently. *nm - Not meaningful*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Quarterly Property Casualty Data - Commercial Lines                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 606 |  |   | $ | 632 |  |   | $ | 602 |  |   | $ | 631 |  |   | $ | 549 |  |   | $ | 557 |  |   | $ | 552 |  |   | $ | 571 |  |   | $ | 1,233 |  |   | $ | 1,123 |  |   | $ | 1,865 |  |   | $ | 1,680 |  |   | $ | 2,471 |  |   | $ | 2,229 |  |   |
|    Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 92 |  |   |   | 102 |  |   |   | 100 |  |   |   | 97 |  |   |   | 96 |  |   |   | 90 |  |   |   | 91 |  |   |   | 75 |  |   |   | 197 |  |   |   | 166 |  |   |   | 299 |  |   |   | 256 |  |   |   | 391 |  |   |   | 352 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (63 | ) |   |   | (15 | ) |   |   | (24 | ) |   |   | — |  |   |   | (57 | ) |   |   | (28 | ) |   |   | (17 | ) |   |   | (20 | ) |   |   | (24 | ) |   |   | (37 | ) |   |   | (39 | ) |   |   | (65 | ) |   |   | (102 | ) |   |   | (122 | ) |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     | $ | 635 |  |   | $ | 719 |  |   | $ | 678 |  |   | $ | 728 |  |   | $ | 588 |  |   | $ | 619 |  |   | $ | 626 |  |   | $ | 626 |  |   | $ | 1,406 |  |   | $ | 1,252 |  |   | $ | 2,125 |  |   | $ | 1,871 |  |   | $ | 2,760 |  |   | $ | 2,459 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 45 |  |   |   | (39 | ) |   |   | (33 | ) |   |   | (97 | ) |   |   | 30 |  |   |   | (12 | ) |   |   | (36 | ) |   |   | (58 | ) |   |   | (130 | ) |   |   | (94 | ) |   |   | (169 | ) |   |   | (106 | ) |   |   | (124 | ) |   |   | (76 | ) |   |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 680 |  |   | $ | 680 |  |   | $ | 645 |  |   | $ | 631 |  |   | $ | 618 |  |   | $ | 607 |  |   | $ | 590 |  |   | $ | 568 |  |   | $ | 1,276 |  |   | $ | 1,158 |  |   | $ | 1,956 |  |   | $ | 1,765 |  |   | $ | 2,636 |  |   | $ | 2,383 |  |   |
| Year over year change %                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 10 |  | % |   | 13 |  | % |   | 9 |  | % |   | 11 |  | % |   | 7 |  | % |   | 10 |  | % |   | 10 |  | % |   | 5 |  | % |   | 10 |  | % |   | 8 |  | % |   | 11 |  | % |   | 8 |  | % |   | 11 |  | % |   | 8 |  | % |
|    Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (4 | ) |   |   | 13 |  |   |   | 10 |  |   |   | 29 |  |   |   | 30 |  |   |   | 11 |  |   |   | 12 |  |   |   | 6 |  |   |   | 19 |  |   |   | 9 |  |   |   | 17 |  |   |   | 10 |  |   |   | 11 |  |   |   | 15 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (11 | ) |   |   | 46 |  |   |   | (41 | ) |   |   | 100 |  |   |   | (36 | ) |   |   | 32 |  |   |   | 61 |  |   |   | 20 |  |   |   | 35 |  |   |   | 46 |  |   |   | 40 |  |   |   | 41 |  |   |   | 16 |  |   |   | 20 |  |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 8 |  |   |   | 16 |  |   |   | 8 |  |   |   | 16 |  |   |   | 8 |  |   |   | 13 |  |   |   | 17 |  |   |   | 6 |  |   |   | 12 |  |   |   | 11 |  |   |   | 14 |  |   |   | 12 |  |   |   | 12 |  |   |   | 11 |  |   |
| Paid losses and loss expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Losses paid                                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 327 |  |   | $ | 306 |  |   | $ | 286 |  |   | $ | 297 |  |   | $ | 321 |  |   | $ | 331 |  |   | $ | 320 |  |   | $ | 282 |  |   | $ | 585 |  |   | $ | 602 |  |   | $ | 891 |  |   | $ | 937 |  |   | $ | 1,218 |  |   | $ | 1,258 |  |   |
|    Loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 75 |  |   |   | 70 |  |   |   | 68 |  |   |   | 68 |  |   |   | 72 |  |   |   | 67 |  |   |   | 74 |  |   |   | 74 |  |   |   | 135 |  |   |   | 149 |  |   |   | 205 |  |   |   | 216 |  |   |   | 280 |  |   |   | 288 |  |   |
|    Loss and loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 402 |  |   | $ | 376 |  |   | $ | 354 |  |   | $ | 365 |  |   | $ | 393 |  |   | $ | 398 |  |   | $ | 394 |  |   | $ | 356 |  |   | $ | 720 |  |   | $ | 751 |  |   | $ | 1,096 |  |   | $ | 1,153 |  |   | $ | 1,498 |  |   | $ | 1,546 |  |   |
| Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Loss ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 48.8 |  | % |   | 51.1 |  | % |   | 54.9 |  | % |   | 47.3 |  | % |   | 40.5 |  | % |   | 49.5 |  | % |   | 59.6 |  | % |   | 48.0 |  | % |   | 51.2 |  | % |   | 54.0 |  | % |   | 51.2 |  | % |   | 52.4 |  | % |   | 50.6 |  | % |   | 49.3 |  | % |
|    Allocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 5.3 |  |   |   | 5.1 |  |   |   | 0.6 |  |   |   | 4.3 |  |   |   | 3.6 |  |   |   | 4.0 |  |   |   | 5.0 |  |   |   | 6.8 |  |   |   | 2.5 |  |   |   | 5.8 |  |   |   | 3.4 |  |   |   | 5.2 |  |   |   | 3.9 |  |   |   | 4.7 |  |   |
|    Unallocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 6.3 |  |   |   | 5.7 |  |   |   | 6.4 |  |   |   | 6.2 |  |   |   | 5.6 |  |   |   | 4.5 |  |   |   | 5.5 |  |   |   | 6.3 |  |   |   | 6.2 |  |   |   | 5.9 |  |   |   | 6.0 |  |   |   | 5.4 |  |   |   | 6.1 |  |   |   | 5.5 |  |   |
|    Net underwriting expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 34.0 |  |   |   | 30.8 |  |   |   | 31.5 |  |   |   | 29.0 |  |   |   | 34.4 |  |   |   | 33.1 |  |   |   | 31.7 |  |   |   | 31.3 |  |   |   | 30.2 |  |   |   | 31.5 |  |   |   | 30.4 |  |   |   | 32.0 |  |   |   | 31.2 |  |   |   | 32.6 |  |   |
|    Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 94.4 |  | % |   | 92.7 |  | % |   | 93.4 |  | % |   | 86.8 |  | % |   | 84.1 |  | % |   | 91.1 |  | % |   | 101.8 | % |   | 92.4 |  | % |   | 90.1 |  | % |   | 97.2 |  | % |   | 91.0 |  | % |   | 95.0 |  | % |   | 91.8 |  | % |   | 92.1 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 1.7 |  |   |   | 5.4 |  |   |   | 7.1 |  |   |   | 0.4 |  |   |   | 3.1 |  |   |   | 7.5 |  |   |   | 15.2 |  |   |   | 6.8 |  |   |   | 3.8 |  |   |   | 11.2 |  |   |   | 4.4 |  |   |   | 9.9 |  |   |   | 3.7 |  |   |   | 8.2 |  |   |
|    Statutory combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                |   | 92.7 |  | % |   | 87.3 |  | % |   | 86.3 |  | % |   | 86.4 |  | % |   | 81.0 |  | % |   | 83.6 |  | % |   | 86.6 |  | % |   | 85.6 |  | % |   | 86.3 |  | % |   | 86.0 |  | % |   | 86.6 |  | % |   | 85.1 |  | % |   | 88.1 |  | % |   | 83.9 |  | % |
|    Commission expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 19.1 |  | % |   | 18.0 |  | % |   | 17.9 |  | % |   | 16.5 |  | % |   | 20.2 |  | % |   | 18.3 |  | % |   | 17.8 |  | % |   | 17.9 |  | % |   | 17.2 |  | % |   | 17.8 |  | % |   | 17.4 |  | % |   | 18.0 |  | % |   | 17.8 |  | % |   | 18.5 |  | % |
|    Other expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 14.9 |  |   |   | 12.8 |  |   |   | 13.6 |  |   |   | 12.5 |  |   |   | 14.2 |  |   |   | 14.8 |  |   |   | 13.9 |  |   |   | 13.4 |  |   |   | 13.0 |  |   |   | 13.7 |  |   |   | 13.0 |  |   |   | 14.0 |  |   |   | 13.5 |  |   |   | 14.1 |  |   |
|    Statutory expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 34.0 |  | % |   | 30.8 |  | % |   | 31.5 |  | % |   | 29.0 |  | % |   | 34.4 |  | % |   | 33.1 |  | % |   | 31.7 |  | % |   | 31.3 |  | % |   | 30.2 |  | % |   | 31.5 |  | % |   | 30.4 |  | % |   | 32.0 |  | % |   | 31.3 |  | % |   | 32.6 |  | % |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 92.7 |  | % |   | 93.7 |  | % |   | 94.9 |  | % |   | 90.8 |  | % |   | 82.9 |  | % |   | 90.2 |  | % |   | 103.5 |  | % |   | 94.2 |  | % |   | 92.9 |  | % |   | 98.9 |  | % |   | 93.2 |  | % |   | 95.9 |  | % |   | 93.0 |  | % |   | 92.5 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 1.7 |  |   |   | 5.4 |  |   |   | 7.1 |  |   |   | 0.4 |  |   |   | 3.1 |  |   |   | 7.5 |  |   |   | 15.2 |  |   |   | 6.8 |  |   |   | 3.8 |  |   |   | 11.2 |  |   |   | 4.4 |  |   |   | 9.9 |  |   |   | 3.7 |  |   |   | 8.2 |  |   |
|    GAAP combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 91.0 |  | % |   | 88.3 |  | % |   | 87.8 |  | % |   | 90.4 |  | % |   | 79.8 |  | % |   | 82.7 |  | % |   | 88.3 |  | % |   | 87.4 |  | % |   | 89.1 |  | % |   | 87.7 |  | % |   | 88.8 |  | % |   | 86.0 |  | % |   | 89.3 |  | % |   | 84.3 |  | % |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as    each is computed independently. *nm - Not meaningful*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Quarterly Property Casualty Data - Personal Lines                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Three months ended | Six months ended | Nine months ended |   | Twelve months ended |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 224 |   | $ | 258 |  |   | $ | 251 |  |   | $ | 195 |  |   | $ | 203 |  |   | $ | 231 |  |   | $ | 227 |  |   | $ | 175 |  |   | $ | 446 |  |   | $ | 402 |  |   | $ | 704 |  |   | $ | 633 |  |   | $ | 928 |  |   | $ | 836 |  |   |
|    Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 24 |   |   | 28 |  |   |   | 30 |  |   |   | 28 |  |   |   | 27 |  |   |   | 31 |  |   |   | 29 |  |   |   | 24 |  |   |   | 58 |  |   |   | 53 |  |   |   | 86 |  |   |   | 84 |  |   |   | 110 |  |   |   | 111 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (9) |   |   | (8 | ) |   |   | (8 | ) |   |   | (8 | ) |   |   | (8 | ) |   |   | (9 | ) |   |   | (6 | ) |   |   | (6 | ) |   |   | (16 | ) |   |   | (12 | ) |   |   | (24 | ) |   |   | (21 | ) |   |   | (33 | ) |   |   | (29 | ) |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     | $ | 239 |   | $ | 278 |  |   | $ | 273 |  |   | $ | 215 |  |   | $ | 222 |  |   | $ | 253 |  |   | $ | 250 |  |   | $ | 193 |  |   | $ | 488 |  |   | $ | 443 |  |   | $ | 766 |  |   | $ | 696 |  |   | $ | 1,005 |  |   | $ | 918 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 10 |   |   | (34 | ) |   |   | (36 | ) |   |   | 16 |  |   |   | 4 |  |   |   | (34 | ) |   |   | (36 | ) |   |   | 16 |  |   |   | (20 | ) |   |   | (20 | ) |   |   | (54 | ) |   |   | (54 | ) |   |   | (44 | ) |   |   | (50 | ) |   |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 249 |   | $ | 244 |  |   | $ | 237 |  |   | $ | 231 |  |   | $ | 226 |  |   | $ | 219 |  |   | $ | 214 |  |   | $ | 209 |  |   | $ | 468 |  |   | $ | 423 |  |   | $ | 712 |  |   | $ | 642 |  |   | $ | 961 |  |   | $ | 868 |  |   |
| Year over year change %                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 10 | % |   | 12 |  | % |   | 11 |  | % |   | 11 |  | % |   | 10 |  | % |   | 11 |  | % |   | 11 |  | % |   | 12 |  | % |   | 11 |  | % |   | 11 |  | % |   | 11 |  | % |   | 11 |  | % |   | 11 |  | % |   | 11 |  | % |
|     Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                       |   | (11) |   |   | (10 | ) |   |   | 3 |  |   |   | 17 |  |   |   | 23 |  |   |   | 24 |  |   |   | 12 |  |   |   | 9 |  |   |   | 9 |  |   |   | 10 |  |   |   | 2 |  |   |   | 15 |  |   |   | (1 | ) |   |   | 17 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (13) |   |   | 11 |  |   |   | (33 | ) |   |   | (33 | ) |   |   | 27 |  |   |   | 25 |  |   |   | 71 |  |   |   | (20 | ) |   |   | (33 | ) |   |   | 54 |  |   |   | (14 | ) |   |   | 45 |  |   |   | (14 | ) |   |   | 41 |  |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 8 |   |   | 10 |  |   |   | 9 |  |   |   | 11 |  |   |   | 13 |  |   |   | 14 |  |   |   | 19 |  |   |   | 12 |  |   |   | 10 |  |   |   | 16 |  |   |   | 10 |  |   |   | 15 |  |   |   | 9 |  |   |   | 15 |  |   |
| Paid losses and loss expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Losses paid                                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 141 |   | $ | 158 |  |   | $ | 141 |  |   | $ | 122 |  |   | $ | 133 |  |   | $ | 169 |  |   | $ | 151 |  |   | $ | 130 |  |   | $ | 261 |  |   | $ | 280 |  |   | $ | 419 |  |   | $ | 450 |  |   | $ | 560 |  |   | $ | 583 |  |   |
|    Loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 20 |   |   | 19 |  |   |   | 19 |  |   |   | 19 |  |   |   | 22 |  |   |   | 19 |  |   |   | 21 |  |   |   | 15 |  |   |   | 39 |  |   |   | 37 |  |   |   | 58 |  |   |   | 54 |  |   |   | 78 |  |   |   | 76 |  |   |
|    Loss and loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 161 |   | $ | 177 |  |   | $ | 160 |  |   | $ | 141 |  |   | $ | 155 |  |   | $ | 188 |  |   | $ | 172 |  |   | $ | 145 |  |   | $ | 300 |  |   | $ | 317 |  |   | $ | 477 |  |   | $ | 504 |  |   | $ | 638 |  |   | $ | 659 |  |   |
| Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Loss ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 62.6 | % |   | 54.1 |  | % |   | 60.6 |  | % |   | 53.6 |  | % |   | 43.3 |  | % |   | 60.7 |  | % |   | 87.2 |  | % |   | 76.2 |  | % |   | 57.2 |  | % |   | 81.8 |  | % |   | 56.0 |  | % |   | 74.6 |  | % |   | 57.8 |  | % |   | 66.4 |  | % |
|    Allocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 1.9 |   |   | 2.1 |  |   |   | 1.5 |  |   |   | 1.4 |  |   |   | 1.7 |  |   |   | 1.9 |  |   |   | 1.9 |  |   |   | 1.8 |  |   |   | 1.5 |  |   |   | 1.8 |  |   |   | 1.7 |  |   |   | 1.8 |  |   |   | 1.7 |  |   |   | 1.8 |  |   |
|    Unallocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 6.9 |   |   | 7.5 |  |   |   | 7.4 |  |   |   | 6.3 |  |   |   | 6.5 |  |   |   | 6.9 |  |   |   | 8.8 |  |   |   | 5.6 |  |   |   | 6.8 |  |   |   | 7.2 |  |   |   | 7.1 |  |   |   | 7.2 |  |   |   | 7.0 |  |   |   | 7.0 |  |   |
|    Net underwriting expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 30.1 |   |   | 28.4 |  |   |   | 28.5 |  |   |   | 32.8 |  |   |   | 29.2 |  |   |   | 28.8 |  |   |   | 26.5 |  |   |   | 31.2 |  |   |   | 30.4 |  |   |   | 28.6 |  |   |   | 29.7 |  |   |   | 28.6 |  |   |   | 29.8 |  |   |   | 28.8 |  |   |
|    Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 101.5 | % |   | 92.1 |  | % |   | 98.0 |  | % |   | 94.1 |  | % |   | 80.7 |  | % |   | 98.3 |  | % |   | 124.4 | % |   | 114.8 | % |   | 95.9 |  | % |   | 119.4 |  | % |   | 94.5 |  | % |   | 112.2 |  | % |   | 96.3 |  | % |   | 104.0 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 7.7 |   |   | 7.0 |  |   |   | 12.6 |  |   |   | 3.5 |  |   |   | 4.4 |  |   |   | 10.2 |  |   |   | 26.6 |  |   |   | 23.5 |  |   |   | 8.1 |  |   |   | 25.0 |  |   |   | 7.7 |  |   |   | 19.9 |  |   |   | 7.7 |  |   |   | 15.9 |  |   |
|    Statutory combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                |   | 93.8 | % |   | 85.1 |  | % |   | 85.4 |  | % |   | 90.6 |  | % |   | 76.3 |  | % |   | 88.1 |  | % |   | 97.8 |  | % |   | 91.3 |  | % |   | 87.8 |  | % |   | 94.4 |  | % |   | 86.8 |  | % |   | 92.3 |  | % |   | 88.6 |  | % |   | 88.1 |  | % |
|    Commission expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 19.5 | % |   | 19.0 |  | % |   | 19.0 |  | % |   | 21.7 |  | % |   | 20.4 |  | % |   | 17.9 |  | % |   | 18.2 |  | % |   | 21.3 |  | % |   | 20.2 |  | % |   | 19.6 |  | % |   | 19.7 |  | % |   | 18.9 |  | % |   | 19.7 |  | % |   | 19.3 |  | % |
|    Other expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 10.6 |   |   | 9.4 |  |   |   | 9.5 |  |   |   | 11.1 |  |   |   | 8.8 |  |   |   | 10.9 |  |   |   | 8.3 |  |   |   | 9.9 |  |   |   | 10.2 |  |   |   | 9.0 |  |   |   | 10.0 |  |   |   | 9.7 |  |   |   | 10.0 |  |   |   | 9.5 |  |   |
|    Statutory expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 30.1 | % |   | 28.4 |  | % |   | 28.5 |  | % |   | 32.8 |  | % |   | 29.2 |  | % |   | 28.8 |  | % |   | 26.5 |  | % |   | 31.2 |  | % |   | 30.4 |  | % |   | 28.6 |  | % |   | 29.7 |  | % |   | 28.6 |  | % |   | 29.7 |  | % |   | 28.8 |  | % |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 100.3 | % |   | 94.5 |  | % |   | 100.4 | % |   | 91.6 |  | % |   | 80.0 |  | % |   | 105.7 | % |   | 126.1 | % |   | 110.9 | % |   | 96.1 |  | % |   | 118.6 |  | % |   | 95.5 |  | % |   | 114.2 |  | % |   | 96.8 |  | % |   | 105.3 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 7.7 |   |   | 7.0 |  |   |   | 12.6 |  |   |   | 3.5 |  |   |   | 4.4 |  |   |   | 10.2 |  |   |   | 26.6 |  |   |   | 23.5 |  |   |   | 8.1 |  |   |   | 25.0 |  |   |   | 7.7 |  |   |   | 19.9 |  |   |   | 7.7 |  |   |   | 15.9 |  |   |
|    GAAP combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 92.6 | % |   | 87.5 |  | % |   | 87.8 |  | % |   | 88.1 |  | % |   | 75.6 |  | % |   | 95.5 |  | % |   | 99.5 |  | % |   | 87.4 |  | % |   | 88.0 |  | % |   | 93.6 |  | % |   | 87.8 |  | % |   | 94.3 |  | % |   | 89.1 |  | % |   | 89.4 |  | % |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as    each is computed independently. *nm - Not meaningful*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated Cincinnati Insurance Companies                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |
| Quarterly Property Casualty Data - Excess & Surplus Lines                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Dollars in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Three months ended | Six months ended | Nine months ended | Twelve months ended |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 12/31/13 | 9/30/13 | 6/30/13 | 3/31/13 | 12/31/12 | 9/30/12 | 6/30/12 | 3/31/12 | 6/30/13 | 6/30/12 | 9/30/13 | 9/30/12 | 12/31/13 | 12/31/12 |
| Premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 24 |  |   | $ | 25 |  |   | $ | 26 |  |   | $ | 19 |  |   | $ | 19 |  |   | $ | 19 |  |   | $ | 19 |  |   | $ | 16 |  |   | $ | 45 |  |   | $ | 35 |  |   | $ | 70 |  |   | $ | 54 |  |   | $ | 94 |  |   | $ | 73 |  |   |
|    Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 12 |  |   |   | 11 |  |   |   | 9 |  |   |   | 10 |  |   |   | 9 |  |   |   | 9 |  |   |   | 11 |  |   |   | 9 |  |   |   | 19 |  |   |   | 20 |  |   |   | 30 |  |   |   | 29 |  |   |   | 42 |  |   |   | 38 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (2 | ) |   |   | (2 | ) |   |   | (2 | ) |   |   | (2 | ) |   |   | (1 | ) |   |   | (1 | ) |   |   | (3 | ) |   |   | (1 | ) |   |   | (4 | ) |   |   | (4 | ) |   |   | (6 | ) |   |   | (5 | ) |   |   | (8 | ) |   |   | (6 | ) |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     | $ | 34 |  |   | $ | 34 |  |   | $ | 33 |  |   | $ | 27 |  |   | $ | 27 |  |   | $ | 27 |  |   | $ | 27 |  |   | $ | 24 |  |   | $ | 60 |  |   | $ | 51 |  |   | $ | 94 |  |   | $ | 78 |  |   | $ | 128 |  |   | $ | 105 |  |   |
|    Unearned premium change                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | (3 | ) |   |   | (4 | ) |   |   | (5 | ) |   |   | — |  |   |   | (2 | ) |   |   | (2 | ) |   |   | (5 | ) |   |   | (3 | ) |   |   | (5 | ) |   |   | (8 | ) |   |   | (9 | ) |   |   | (10 | ) |   |   | (12 | ) |   |   | (12 | ) |   |
|    Earned premiums                                                                                                                                                                                                                                                                                                                                                                                                                                                  | $ | 31 |  |   | $ | 30 |  |   | $ | 28 |  |   | $ | 27 |  |   | $ | 25 |  |   | $ | 25 |  |   | $ | 22 |  |   | $ | 21 |  |   | $ | 55 |  |   | $ | 43 |  |   | $ | 85 |  |   | $ | 68 |  |   | $ | 116 |  |   | $ | 93 |  |   |
| Year over year change %                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Agency renewal written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 26 |  | % |   | 32 |  | % |   | 37 |  | % |   | 19 |  | % |   | 46 |  | % |   | 36 |  | % |   | 58 |  | % |   | 60 |  | % |   | 29 |  | % |   | 59 |  | % |   | 30 |  | % |   | 50 |  | % |   | 29 |  | % |   | 49 |  | % |
|     Agency new business written premiums                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 33 |  |   |   | 22 |  |   |   | (18 | ) |   |   | 11 |  |   |   | 29 |  |   |   | 0 |  |   |   | 10 |  |   |   | 0 |  |   |   | (5 | ) |   |   | 5 |  |   |   | 3 |  |   |   | 4 |  |   |   | 11 |  |   |   | 9 |  |   |
|    Other written premiums                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | (100 | ) |   |   | (100 | ) |   |   | 33 |  |   |   | (100 | ) |   |   | 50 |  |   |   | 0 |  |   |   | (200 | ) |   |   | 0 |  |   |   | 0 |  |   |   | (100 | ) |   |   | (20 | ) |   |   | (67 | ) |   |   | (33 | ) |   |   | (20 | ) |   |
|    Reported written premiums – statutory*                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 26 |  |   |   | 26 |  |   |   | 22 |  |   |   | 13 |  |   |   | 50 |  |   |   | 23 |  |   |   | 29 |  |   |   | 33 |  |   |   | 18 |  |   |   | 31 |  |   |   | 21 |  |   |   | 28 |  |   |   | 22 |  |   |   | 33 |  |   |
| Paid losses and loss expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Losses paid                                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 9 |  |   | $ | 6 |  |   | $ | 4 |  |   | $ | 5 |  |   | $ | 5 |  |   | $ | 5 |  |   | $ | 4 |  |   | $ | 3 |  |   | $ | 9 |  |   | $ | 7 |  |   | $ | 15 |  |   | $ | 12 |  |   | $ | 24 |  |   | $ | 17 |  |   |
|    Loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 3 |  |   |   | 3 |  |   |   | 3 |  |   |   | 2 |  |   |   | 2 |  |   |   | 2 |  |   |   | 2 |  |   |   | 1 |  |   |   | 5 |  |   |   | 3 |  |   |   | 8 |  |   |   | 5 |  |   |   | 11 |  |   |   | 7 |  |   |
|    Loss and loss expenses paid                                                                                                                                                                                                                                                                                                                                                                                                                                      | $ | 12 |  |   | $ | 9 |  |   | $ | 7 |  |   | $ | 7 |  |   | $ | 7 |  |   | $ | 7 |  |   | $ | 6 |  |   | $ | 4 |  |   | $ | 14 |  |   | $ | 10 |  |   | $ | 23 |  |   | $ | 17 |  |   | $ | 35 |  |   | $ | 24 |  |   |
| Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Loss ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 24.7 | % |   | 43.5 | % |   | 52.1 | % |   | 47.2 |  | % |   | 19.5 |  | % |   | 64.5 |  | % |   | 59.8 |  | % |   | 65.7 |  | % |   | 49.7 | % |   | 62.7 |  | % |   | 47.4 | % |   | 63.3 |  | % |   | 41.3 | % |   | 51.5 |  | % |
|    Allocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 12.1 |   |   | 7.0 |   |   | 9.3 |   |   | 11.9 |  |   |   | 14.0 |  |   |   | 11.9 |  |   |   | 15.1 |  |   |   | 10.6 |  |   |   | 10.6 |   |   | 12.8 |  |   |   | 9.4 |   |   | 12.6 |  |   |   | 10.1 |   |   | 13.0 |  |   |
|    Unallocated loss expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 4.2 |   |   | 5.5 |   |   | 5.5 |   |   | 6.1 |  |   |   | 4.7 |  |   |   | 5.8 |  |   |   | 3.9 |  |   |   | 5.3 |  |   |   | 5.8 |   |   | 4.6 |  |   |   | 5.7 |   |   | 5.0 |  |   |   | 5.3 |   |   | 4.9 |  |   |
|    Net underwriting expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 29.9 |   |   | 30.9 |   |   | 30.9 |   |   | 33.3 |  |   |   | 32.3 |  |   |   | 30.9 |  |   |   | 30.6 |  |   |   | 31.9 |  |   |   | 32.0 |   |   | 31.2 |  |   |   | 31.6 |   |   | 31.1 |  |   |   | 31.1 |   |   | 31.4 |  |   |
|    Statutory combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 70.9 | % |   | 86.9 | % |   | 97.8 |  | % |   | 98.5 |  | % |   | 70.5 |  | % |   | 113.1 | % |   | 109.4 | % |   | 113.5 | % |   | 98.1 |  | % |   | 111.3 |  | % |   | 94.1 | % |   | 112.0 |  | % |   | 87.8 | % |   | 100.8 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (1.7) |   |   | 2.5 |   |   | 1.9 |   |   | 0.4 |  |   |   | 1.2 |  |   |   | 0.7 |  |   |   | 3.5 |  |   |   | 3.7 |  |   |   | 1.2 |   |   | 3.5 |  |   |   | 1.7 |   |   | 2.5 |  |   |   | 0.8 |  |   |   | 2.2 |  |   |
|    Statutory combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                |   | 72.6 | % |   | 84.4 | % |   | 95.9 |  | % |   | 98.1 |  | % |   | 69.3 |  | % |   | 112.4 | % |   | 105.9 | % |   | 109.8 | % |   | 96.9 |  | % |   | 107.8 |  | % |   | 92.4 | % |   | 109.5 |  | % |   | 87.0 | % |   | 98.6 |  | % |
|    Commission expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 25.9 | % |   | 26.3 | % |   | 26.3 | % |   | 26.9 |  | % |   | 26.4 |  | % |   | 25.4 |  | % |   | 25.3 |  | % |   | 26.5 |  | % |   | 26.6 | % |   | 25.8 |  | % |   | 26.5 | % |   | 25.7 |  | % |   | 26.3 | % |   | 25.9 |  | % |
|    Other expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 4.0 |   |   | 4.6 |   |   | 4.6 |   |   | 6.4 |  |   |   | 5.9 |  |   |   | 5.5 |  |   |   | 5.3 |  |   |   | 5.4 |  |   |   | 5.4 |   |   | 5.4 |  |   |   | 5.1 |   |   | 5.4 |  |   |   | 4.8 |   |   | 5.5 |  |   |
|    Statutory expense ratio                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 29.9 | % |   | 30.9 | % |   | 30.9 |  | % |   | 33.3 |  | % |   | 32.3 |  | % |   | 30.9 |  | % |   | 30.6 |  | % |   | 31.9 |  | % |   | 32.0 |  | % |   | 31.2 |  | % |   | 31.6 | % |   | 31.1 |  | % |   | 31.1 | % |   | 31.4 |  | % |
| GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    GAAP combined ratio                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 70.4 | % |   | 86.7 | % |   | 98.7 | % |   | 98.0 |  | % |   | 71.5 |  | % |   | 111.5 | % |   | 110.7 | % |   | 113.6 | % |   | 98.4 | % |   | 112.1 |  | % |   | 94.2 | % |   | 111.9 |  | % |   | 87.8 | % |   | 101.0 |  | % |
|    Contribution from catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (1.7) |   |   | 2.5 |   |   | 1.9 |  |   |   | 0.4 |  |   |   | 1.2 |  |   |   | 0.7 |  |   |   | 3.5 |  |   |   | 3.7 |  |   |   | 1.2 |  |   |   | 3.5 |  |   |   | 1.7 |   |   | 2.5 |  |   |   | 0.8 |   |   | 2.2 |  |   |
|    GAAP combined ratio excl. catastrophe losses                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 72.1 | % |   | 84.2 | % |   | 96.8 |  | % |   | 97.6 |  | % |   | 70.3 |  | % |   | 110.8 | % |   | 107.2 | % |   | 109.9 | % |   | 97.2 |  | % |   | 108.6 |  | % |   | 92.5 | % |   | 109.4 |  | % |   | 87.0 | % |   | 98.8 |  | % |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as    each is computed independently. *nm - Not meaningful*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. |

----

|                                                                                                                                                                                                                                                                                                            |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| The Cincinnati Life Insurance Company                                                                                                                                                                                                                                                                      |
| Statutory Statements of Income                                                                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                       | For the Three Months Ended December 31, | For the Twelve Months Ended December 31, |
| (Dollars in millions)                                                                                                                                                                                                                                                                                      | 2013 | 2012 | Change | % Change | 2013 | 2012 | Change | % Change |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net premiums written                                                                                                                                                                                                                                                                                       | $ | 60 |  | $ | 58 |  | $ | 2 |  | 3 |  | $ | 235 |  | $ | 242 |  | $ | (7 | ) | (3 | ) |
| Net investment income                                                                                                                                                                                                                                                                                      |   | 36 |  |   | 36 |  |   | — |  | nm |  |   | 143 |  |   | 141 |  |   | 2 |  | 1 |  |
| Amortization of interest maintenance reserve                                                                                                                                                                                                                                                               |   | 1 |  |   | 1 |  |   | — |  | nm |  |   | 2 |  |   | 2 |  |   | — |  | nm |  |
| Commissions and expense allowances on reinsurance ceded                                                                                                                                                                                                                                                    |   | 2 |  |   | 2 |  |   | — |  | nm |  |   | 6 |  |   | 7 |  |   | (1 | ) | nm |  |
| Income from fees associated with Separate Accounts                                                                                                                                                                                                                                                         |   | 1 |  |   | — |  |   | 1 |  | nm |  |   | 5 |  |   | 1 |  |   | 4 |  | nm |  |
| Total Revenues                                                                                                                                                                                                                                                                                             | $ | 100 |  | $ | 97 |  | $ | 3 |  | 3 |  | $ | 391 |  | $ | 393 |  | $ | (2 | ) | 0 |  |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Death benefits and matured endowments                                                                                                                                                                                                                                                                      | $ | 19 |  | $ | 15 |  | $ | 4 |  | 27 |  | $ | 74 |  | $ | 69 |  | $ | 5 |  | 7 |  |
| Annuity benefits                                                                                                                                                                                                                                                                                           |   | 13 |  |   | 16 |  |   | (3 | ) | (19 | ) |   | 51 |  |   | 52 |  |   | (1 | ) | (2 | ) |
| Disability benefits and benefits under accident and health contracts                                                                                                                                                                                                                                       |   | 1 |  |   | 1 |  |   | — |  | nm |  |   | 2 |  |   | 2 |  |   | — |  | nm |  |
| Surrender benefits and group conversions                                                                                                                                                                                                                                                                   |   | 4 |  |   | 6 |  |   | (2 | ) | 33 |  |   | 22 |  |   | 23 |  |   | (1 | ) | (4 | ) |
| Interest and adjustments on deposit-type contract funds                                                                                                                                                                                                                                                    |   | 3 |  |   | 3 |  |   | — |  | nm |  |   | 10 |  |   | 12 |  |   | (2 | ) | nm |  |
| Increase in aggregate reserves for life and accident and health contracts                                                                                                                                                                                                                                  |   | 42 |  |   | 35 |  |   | 7 |  | 20 |  |   | 180 |  |   | 156 |  |   | 24 |  | 15 |  |
| Total Benefit Expenses                                                                                                                                                                                                                                                                                     | $ | 82 |  | $ | 76 |  | $ | 6 |  | 8 |  | $ | 339 |  | $ | 314 |  | $ | 25 |  | 8 |  |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commissions                                                                                                                                                                                                                                                                                                | $ | 10 |  | $ | 10 |  | $ | — |  | nm |  | $ | 39 |  | $ | 39 |  | $ | — |  | nm |  |
| General insurance expenses and taxes                                                                                                                                                                                                                                                                       |   | 10 |  |   | 10 |  |   | — |  | nm |  |   | 43 |  |   | 41 |  |   | 2 |  | 5 |  |
| Increase in loading on deferred and uncollected premiums                                                                                                                                                                                                                                                   |   | (3 | ) |   | 2 |  |   | (5 | ) | nm |  |   | (8 | ) |   | (1 | ) |   | (7 | ) | nm |  |
| Net transfers from Separate Accounts                                                                                                                                                                                                                                                                       |   | — |  |   | — |  |   | — |  | nm |  |   | — |  |   | — |  |   | — |  | nm |  |
| Total Operating Expenses                                                                                                                                                                                                                                                                                   | $ | 17 |  | $ | 22 |  | $ | (5 | ) | (23 | ) | $ | 74 |  | $ | 79 |  | $ | (5 | ) | (6 | ) |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Federal and foreign income tax (benefit)                                                                                                                                                                                                                                                                   |   | 3 |  |   | — |  |   | 3 |  | nm |  |   | (1 | ) |   | (1 | ) |   | — |  | nm |  |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss from operations before realized capital gains                                                                                                                                                                                                                                                     | $ | (2 | ) | $ | (1 | ) | $ | (1 | ) | nm |  | $ | (21 | ) | $ | 1 |  | $ | (22 | ) | nm |  |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net realized gains net of capital gains tax                                                                                                                                                                                                                                                                |   | — |  |   | 3 |  |   | (3 | ) | nm |  |   | 1 |  |   | 4 |  |   | (3 | ) | nm |  |
|                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) (statutory)                                                                                                                                                                                                                                                                              | $ | (2 | ) | $ | 2 |  | $ | (4 | ) | nm |  | $ | (20 | ) | $ | 5 |  | $ | (25 | ) | nm |  |
| *Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. *nm - Not meaningful*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. |