|  |  |                                                                                                                                                                                                                                                                                                                                   |  |  |  |  |  |  |
|--|--|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|--|--|
|  |  | The Cincinnati Insurance Company nThe Cincinnati Indemnity CompanyThe Cincinnati Casualty CompanynThe Cincinnati Specialty Underwriters Insurance CompanyThe Cincinnati Life Insurance CompanynCFC Investment CompanynCSU Producer Resources Inc.Cincinnati Global Underwriting Ltd. n Cincinnati Global Underwriting Agency Ltd. |

|                                                              |                             |                           |             |  |             |   |             |      |             |             |          |   |             |  |  |    |             |  |  |    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------|-----------------------------|---------------------------|-------------|--|-------------|---|-------------|------|-------------|-------------|----------|---|-------------|--|--|----|-------------|--|--|----|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions, except per share data)                 | Three months ended June 30, | Six months ended June 30, |
|                                                              | 2024                        |                           | 2023        |  | % Change    |   | 2024        |      | 2023        |             | % Change |
| Revenue Data                                                 |                             |                           |             |  |             |   |             |      |             |             |          |   |
|    Earned premiums                            |                        | $                         | 2,156  |  |             | $ | 1,943  |      |             | 11          |          | $ | 4,227  |  |  | $  | 3,861  |  |  | 9  |
|    Investment income, net of expenses         |                             | 242                  |             |  | 220    |   |             | 10   |             | 487    |          |   | 430    |  |  | 13 |
|    Total revenues                             |                             | 2,544                |             |  | 2,605  |   |             | (2)  |             | 5,479  |          |   | 4,846  |  |  | 13 |
| Income Statement Data                                        |                             |                           |             |  |             |   |             |      |             |             |          |   |
|    Net income                                 |                        | $                         | 312    |  |             | $ | 534    |      |             | (42)        |          | $ | 1,067  |  |  | $  | 759    |  |  | 41 |
|    Investment gains and losses, after-tax     |                             | 108                  |             |  | 343    |   |             | (69) |             | 591    |          |   | 427    |  |  | 38 |
|                                                              |                             |                           |             |  |             |   |             |      |             |             |          |   |
|    Non-GAAP operating income*                 |                        | $                         | 204    |  |             | $ | 191    |      |             | 7           |          | $ | 476    |  |  | $  | 332    |  |  | 43 |
| Per Share Data (diluted)                                     |                             |                           |             |  |             |   |             |      |             |             |          |   |
|    Net income                                 |                        | $                         | 1.98   |  |             | $ | 3.38   |      |             | (41)        |          | $ | 6.77   |  |  | $  | 4.80   |  |  | 41 |
|    Investment gains and losses, after-tax     |                             | 0.69                 |             |  | 2.17   |   |             | (68) |             | 3.75   |          |   | 2.70   |  |  | 39 |
|                                                              |                             |                           |             |  |             |   |             |      |             |             |          |   |
|    Non-GAAP operating income*                 |                        | $                         | 1.29   |  |             | $ | 1.21   |      |             | 7           |          | $ | 3.02   |  |  | $  | 2.10   |  |  | 44 |
|                                                              |                             |                           |             |  |             |   |             |      |             |             |          |   |
|    Book value                                 |                             |                           |             |  |             |   |             | $    | 81.79  |             |          | $ | 70.33  |  |  | 16 |
|    Cash dividend declared                     |                             | $                         | 0.81   |  |             | $ | 0.75   |      |             | 8           |          | $ | 1.62   |  |  | $  | 1.50   |  |  | 8  |
|    Diluted weighted average share outstanding |                             | 157.5                |             |  | 158.0  |   |             | 0    |             | 157.7  |          |   | 158.3  |  |  | 0  |
|                                                              |                             |                           |             |  |             |   |             |      |             |             |          |   |

----

----

|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |          |            |       |       |           |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------------------------------------|-----------------------------|---------------------------|-------|-----------|------------|-------------|----------|-----------|----------|------|------------|------------|----------|------------|-------|-------|-----------|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                                                                         | Three months ended June 30, | Six months ended June 30, |
|                                                                                               |                             | 2024                      |       | 2023      |            | % Change    |          | 2024      |          | 2023 |            | % Change   |
| Earned premiums                                                                               |                        | $                         | 2,075 |           | $          | 1,863       |          | 11   |          |      | $          | 4,067      |          | $          | 3,704 |       | 10   |          |
| Fee revenues                                                                                  |                             | 3                         |       | 3         |            | 0      |          |           | 6        |      | 5          |            | 20  |            |
|    Total revenues                                                              |                             | 2,078                     |       | 1,866     |            | 11     |          |           | 4,073    |      | 3,709      |            | 10  |            |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |
| Loss and loss expenses                                                                        |                             | 1,412                     |       | 1,262     |            | 12     |          |           | 2,682    |      | 2,579      |            | 4   |            |
| Underwriting expenses                                                                         |                             | 631                       |       | 557       |            | 13     |          |           | 1,225    |      | 1,093      |            | 12  |            |
|    Underwriting profit                                                         |                        | $                         | 35    |           | $          | 47          |          | (26)      |          |      | $          | 166        |          | $          | 37    |       | 349  |          |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |       |           |            | Pt. Change  |          |           |          |      |            | Pt. Change |
|      Loss and loss expenses                                          |                             | 68.1                 | %     |           | 67.7  | %           |          | 0.4  |          |      | 66.0  | %          |          | 69.7  | %     |       | (3.7)     |          |
|      Underwriting expenses                                           |                             | 30.4                 |       |           | 29.9  |             |          | 0.5  |          |      | 30.1  |            |          | 29.5  |       |       | 0.6  |          |
|            Combined ratio              |                             | 98.5                 | %     |           | 97.6  | %           |          | 0.9  |          |      | 96.1  | %          |          | 99.2  | %     |       | (3.1)     |          |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |
|                                                                                               |                             |                           |       |           |            | % Change    |          |           |          |      |            | % Change   |
| Agency renewal written premiums                                                               |                        | $                         | 1,843 |           | $          | 1,643  |          |           | 12  |      |            | $          | 3,526    |            | $     | 3,178 |           | 11  |  |
| Agency new business written premiums                                                          |                             | 407                       |       | 303  |            |             | 34  |           |          | 753  |            | 554        |          | 36    |       |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |
| Other written premiums                                                                        |                             | 209                       |       | 204  |            |             | 2   |           |          | 428  |            | 437        |          | (2)        |       |
|    Net written premiums                                                        |                        | $                         | 2,459 |           | $          | 2,150  |          |           | 14  |      |            | $          | 4,707    |            | $     | 4,169 |           | 13  |  |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |       |           |            | Pt. Change  |          |           |          |      |            | Pt. Change |
|      Current accident year before catastrophe losses                 |                             | 57.8                 | %     |           | 60.5  | %           |          | (2.7)     |          |      | 59.5  | %          |          | 60.8  | %     |       | (1.3)     |          |
|      Current accident year catastrophe losses                        |                             | 12.2                 |       |           | 12.7  |             |          | (0.5)     |          |      | 9.9   |            |          | 13.2  |       |       | (3.3)     |          |
|      Prior accident years before catastrophe losses                  |                             | (0.9)                     |       |           | (4.8)      |             |          | 3.9  |          |      | (2.1)      |            |          | (3.5)      |       |       | 1.4  |          |
|      Prior accident years catastrophe losses                         |                             | (1.0)                     |       |           | (0.7)      |             |          | (0.3)     |          |      | (1.3)      |            |          | (0.8)      |       |       | (0.5)     |          |
|            Loss and loss expense ratio |                             | 68.1                 | %     |           | 67.7  | %           |          | 0.4  |          |      | 66.0  | %          |          | 69.7  | %     |       | (3.7)     |          |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |
| Current accident year combined ratio before    catastrophe losses                   |                             | 88.2                 | %     |           | 90.4  | %           |          | (2.2)     |          |      | 89.6  | %          |          | 90.3  | %     |       | (0.7)     |          |
|                                                                                               |                             |                           |       |           |            |             |          |           |          |      |            |            |

----

|                                                                                               |                             |                           |             |      |             |            |             |           |  |         |             |            |   |             |   |  |           |             |  |  |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------------------------------------|-----------------------------|---------------------------|-------------|------|-------------|------------|-------------|-----------|--|---------|-------------|------------|---|-------------|---|--|-----------|-------------|--|--|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                                                                         | Three months ended June 30, | Six months ended June 30, |
|                                                                                               |                             | 2024                      |             | 2023 |             | % Change   |             | 2024      |  | 2023    |             | % Change   |
| Earned premiums                                                                               |                        | $                         | 1,107  |      |             | $          | 1,066  |           |  | 4  |             |            | $ | 2,189  |   |  | $         | 2,122  |  |  | 3   |  |
| Fee revenues                                                                                  |                             | 1                    |             |      | 1      |            |             | 0    |  |         | 2      |            |   | 2      |   |  | 0    |             |
|    Total revenues                                                              |                             | 1,108                |             |      | 1,067  |            |             | 4    |  |         | 2,191  |            |   | 2,124  |   |  | 3    |             |
|                                                                                               |                             |                           |             |      |             |            |             |           |  |         |             |            |
| Loss and loss expenses                                                                        |                             | 746                  |             |      | 708    |            |             | 5    |  |         | 1,465  |            |   | 1,456  |   |  | 1    |             |
| Underwriting expenses                                                                         |                             | 352                  |             |      | 326    |            |             | 8    |  |         | 677    |            |   | 637    |   |  | 6    |             |
|    Underwriting profit                                                         |                        | $                         | 10     |      |             | $          | 33     |           |  | (70)    |             |            | $ | 49     |   |  | $         | 31     |  |  | 58  |  |
|                                                                                               |                             |                           |             |      |             |            |             |           |  |         |             |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |             |      |             | Pt. Change |             |           |  |         |             | Pt. Change |
|      Loss and loss expenses                                          |                             | 67.4                 | %           |      | 66.4   | %          |             | 1.0  |  |         | 67.0   | %          |   | 68.6   | % |  | (1.6)     |             |
|      Underwriting expenses                                           |                             | 31.7                 |             |      | 30.5   |            |             | 1.2  |  |         | 30.9   |            |   | 30.0   |   |  | 0.9  |             |
|            Combined ratio              |                             | 99.1                 | %           |      | 96.9   | %          |             | 2.2  |  |         | 97.9   | %          |   | 98.6   | % |  | (0.7)     |             |
|                                                                                               |                             |                           |             |      |             |            |             |           |  |         |             |            |
|                                                                                               |                             |                           |             |      |             | % Change   |             |           |  |         |             | % Change   |
| Agency renewal written premiums                                                               |                             | $                         | 1,023  |      |             | $          | 985    |           |  | 4  |             |            | $ | 2,099  |   |  | $         | 2,026  |  |  | 4   |  |
| Agency new business written premiums                                                          |                             | 193                  |             |      | 149    |            |             | 30   |  |         | 375    |            |   | 283    |   |  | 33   |             |
| Other written premiums                                                                        |                             | (30)                      |             |      | (28)        |            |             | (7)       |  |         | (65)        |            |   | (62)        |   |  | (5)       |             |
|    Net written premiums                                                        |                             | $                         | 1,186  |      |             | $          | 1,106  |           |  | 7  |             |            | $ | 2,409  |   |  | $         | 2,247  |  |  | 7   |  |
|                                                                                               |                             |                           |             |      |             |            |             |           |  |         |             |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |             |      |             | Pt. Change |             |           |  |         |             | Pt. Change |
|      Current accident year before catastrophe losses                 |                             | 60.0                 | %           |      | 60.3   | %          |             | (0.3)     |  |         | 61.5   | %          |   | 62.1   | % |  | (0.6)     |             |
|      Current accident year catastrophe losses                        |                             | 10.0                 |             |      | 11.6   |            |             | (1.6)     |  |         | 8.5    |            |   | 10.8   |   |  | (2.3)     |             |
|      Prior accident years before catastrophe losses                  |                             | (1.9)                     |             |      | (5.0)       |            |             | 3.1  |  |         | (2.3)       |            |   | (4.2)       |   |  | 1.9  |             |
|      Prior accident years catastrophe losses                         |                             | (0.7)                     |             |      | (0.5)       |            |             | (0.2)     |  |         | (0.7)       |            |   | (0.1)       |   |  | (0.6)     |             |
|            Loss and loss expense ratio |                             | 67.4                 | %           |      | 66.4   | %          |             | 1.0  |  |         | 67.0   | %          |   | 68.6   | % |  | (1.6)     |             |
|                                                                                               |                             |                           |             |      |             |            |             |           |  |         |             |            |
| Current accident year combined ratio before    catastrophe losses                   |                             | 91.7                 | %           |      | 90.8   | %          |             | 0.9  |  |         | 92.4   | %          |   | 92.1   | % |  | 0.3  |             |
|                                                                                               |                             |                           |             |      |             |            |             |           |  |         |             |            |

----

|                                                                                               |                             |                           |           |      |             |            |           |           |  |          |             |            |   |             |   |  |           |             |  |  |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------------------------------------|-----------------------------|---------------------------|-----------|------|-------------|------------|-----------|-----------|--|----------|-------------|------------|---|-------------|---|--|-----------|-------------|--|--|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                                                                         | Three months ended June 30, | Six months ended June 30, |
|                                                                                               |                             | 2024                      |           | 2023 |             | % Change   |           | 2024      |  | 2023     |             | % Change   |
| Earned premiums                                                                               |                        | $                         | 631  |      |             | $          | 493  |           |  | 28  |             |            | $ | 1,219  |   |  | $         | 957    |  |  | 27  |  |
| Fee revenues                                                                                  |                             | 1                    |           |      | 1      |            |           | 0    |  |          | 2      |            |   | 2      |   |  | 0    |             |
|    Total revenues                                                              |                             | 632                  |           |      | 494    |            |           | 28   |  |          | 1,221  |            |   | 959    |   |  | 27   |             |
|                                                                                               |                             |                           |           |      |             |            |           |           |  |          |             |            |
| Loss and loss expenses                                                                        |                             | 489                  |           |      | 384    |            |           | 27   |  |          | 868    |            |   | 770    |   |  | 13   |             |
| Underwriting expenses                                                                         |                             | 185                  |           |      | 146    |            |           | 27   |  |          | 358    |            |   | 282    |   |  | 27   |             |
|    Underwriting loss                                                           |                        | $                         | (42)      |      |             | $          | (36)      |           |  | (17)     |             |            | $ | (5)         |   |  | $         | (93)        |  |  | 95  |  |
|                                                                                               |                             |                           |           |      |             |            |           |           |  |          |             |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |           |      |             | Pt. Change |           |           |  |          |             | Pt. Change |
|      Loss and loss expenses                                          |                             | 77.6                 | %         |      | 77.9   | %          |           | (0.3)     |  |          | 71.2   | %          |   | 80.5   | % |  | (9.3)     |             |
|      Underwriting expenses                                           |                             | 29.3                 |           |      | 29.7   |            |           | (0.4)     |  |          | 29.4   |            |   | 29.5   |   |  | (0.1)     |             |
|            Combined ratio              |                             | 106.9                | %         |      | 107.6  | %          |           | (0.7)     |  |          | 100.6  | %          |   | 110.0  | % |  | (9.4)     |             |
|                                                                                               |                             |                           |           |      |             |            |           |           |  |          |             |            |
|                                                                                               |                             |                           |           |      |             | % Change   |           |           |  |          |             | % Change   |
| Agency renewal written premiums                                                               |                             | $                         | 681  |      |             | $          | 541  |           |  | 26  |             |            | $ | 1,175  |   |  | $         | 929    |  |  | 26  |  |
| Agency new business written premiums                                                          |                             | 163                  |           |      | 106    |            |           | 54   |  |          | 285    |            |   | 185    |   |  | 54   |             |
| Other written premiums                                                                        |                             | (25)                      |           |      | (18)        |            |           | (39)      |  |          | (46)        |            |   | (37)        |   |  | (24)      |             |
|    Net written premiums                                                        |                        | $                         | 819  |      |             | $          | 629  |           |  | 30  |             |            | $ | 1,414  |   |  | $         | 1,077  |  |  | 31  |  |
|                                                                                               |                             |                           |           |      |             |            |           |           |  |          |             |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |           |      |             | Pt. Change |           |           |  |          |             | Pt. Change |
|      Current accident year before catastrophe losses                 |                             | 54.9                 | %         |      | 58.9   | %          |           | (4.0)     |  |          | 56.2   | %          |   | 59.4   | % |  | (3.2)     |             |
|      Current accident year catastrophe losses                        |                             | 21.8                 |           |      | 21.9   |            |           | (0.1)     |  |          | 17.2   |            |   | 25.8   |   |  | (8.6)     |             |
|      Prior accident years before catastrophe losses                  |                             | 1.8                  |           |      | (0.7)       |            |           | 2.5  |  |          | 0.0    |            |   | (1.0)       |   |  | 1.0  |             |
|      Prior accident years catastrophe losses                         |                             | (0.9)                     |           |      | (2.2)       |            |           | 1.3  |  |          | (2.2)       |            |   | (3.7)       |   |  | 1.5  |             |
|            Loss and loss expense ratio |                             | 77.6                 | %         |      | 77.9   | %          |           | (0.3)     |  |          | 71.2   | %          |   | 80.5   | % |  | (9.3)     |             |
|                                                                                               |                             |                           |           |      |             |            |           |           |  |          |             |            |
| Current accident year combined ratio before   catastrophe losses                    |                             | 84.2                 | %         |      | 88.6   | %          |           | (4.4)     |  |          | 85.6   | %          |   | 88.9   | % |  | (3.3)     |             |
|                                                                                               |                             |                           |           |      |             |            |           |           |  |          |             |            |

----

|                                                                                               |                             |                           |           |      |            |            |           |           |  |          |            |            |   |            |   |  |           |           |  |  |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------------------------------------------------|-----------------------------|---------------------------|-----------|------|------------|------------|-----------|-----------|--|----------|------------|------------|---|------------|---|--|-----------|-----------|--|--|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                                                                         | Three months ended June 30, | Six months ended June 30, |
|                                                                                               |                             | 2024                      |           | 2023 |            | % Change   |           | 2024      |  | 2023     |            | % Change   |
| Earned premiums                                                                               |                             | $                         | 151  |      |            | $          | 132  |           |  | 14  |            |            | $ | 290   |   |  | $         | 259  |  |  | 12  |  |
| Fee revenues                                                                                  |                             | 1                    |           |      | 1     |            |           | 0    |  |          | 2     |            |   | 1     |   |  | 100  |           |
|    Total revenues                                                              |                             | 152                  |           |      | 133   |            |           | 14   |  |          | 292   |            |   | 260   |   |  | 12   |           |
|                                                                                               |                             |                           |           |      |            |            |           |           |  |          |            |            |
| Loss and loss expenses                                                                        |                             | 102                  |           |      | 89    |            |           | 15   |  |          | 192   |            |   | 170   |   |  | 13   |           |
| Underwriting expenses                                                                         |                             | 42                   |           |      | 33    |            |           | 27   |  |          | 80    |            |   | 66    |   |  | 21   |           |
|    Underwriting profit                                                         |                             | $                         | 8    |      |            | $          | 11   |           |  | (27)     |            |            | $ | 20    |   |  | $         | 24   |  |  | (17)     |  |
|                                                                                               |                             |                           |           |      |            |            |           |           |  |          |            |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |           |      |            | Pt. Change |           |           |  |          |            | Pt. Change |
|      Loss and loss expenses                                          |                             | 67.5                 | %         |      | 66.4  | %          |           | 1.1  |  |          | 66.0  | %          |   | 65.4  | % |  | 0.6  |           |
|      Underwriting expenses                                           |                             | 27.9                 |           |      | 25.8  |            |           | 2.1  |  |          | 27.7  |            |   | 25.7  |   |  | 2.0  |           |
|            Combined ratio              |                             | 95.4                 | %         |      | 92.2  | %          |           | 3.2  |  |          | 93.7  | %          |   | 91.1  | % |  | 2.6  |           |
|                                                                                               |                             |                           |           |      |            |            |           |           |  |          |            |            |
|                                                                                               |                             |                           |           |      |            | % Change   |           |           |  |          |            | % Change   |
| Agency renewal written premiums                                                               |                        | $                         | 139  |      |            | $          | 117  |           |  | 19  |            |            | $ | 252   |   |  | $         | 223  |  |  | 13  |  |
| Agency new business written premiums                                                          |                             | 51                   |           |      | 48    |            |           | 6    |  |          | 93    |            |   | 86    |   |  | 8    |           |
| Other written premiums                                                                        |                             | (10)                      |           |      | (9)        |            |           | (11)      |  |          | (19)       |            |   | (17)       |   |  | (12)      |           |
|    Net written premiums                                                        |                        | $                         | 180  |      |            | $          | 156  |           |  | 15  |            |            | $ | 326   |   |  | $         | 292  |  |  | 12  |  |
|                                                                                               |                             |                           |           |      |            |            |           |           |  |          |            |            |
| Ratios as a percent of earned premiums:                                                   |                             |                           |           |      |            | Pt. Change |           |           |  |          |            | Pt. Change |
|      Current accident year before catastrophe losses                 |                             | 64.0                 | %         |      | 69.7  | %          |           | (5.7)     |  |          | 64.8  | %          |   | 69.5  | % |  | (4.7)     |           |
|      Current accident year catastrophe losses                        |                             | 1.4                  |           |      | 1.4   |            |           | 0.0  |  |          | 1.2   |            |   | 1.4   |   |  | (0.2)     |           |
|      Prior accident years before catastrophe losses                  |                             | 1.6                  |           |      | (4.7)      |            |           | 6.3  |  |          | 0.0   |            |   | (5.4)      |   |  | 5.4  |           |
|      Prior accident years catastrophe losses                         |                             | 0.5                  |           |      | 0.0   |            |           | 0.5  |  |          | 0.0   |            |   | (0.1)      |   |  | 0.1  |           |
|            Loss and loss expense ratio |                             | 67.5                 | %         |      | 66.4  | %          |           | 1.1  |  |          | 66.0  | %          |   | 65.4  | % |  | 0.6  |           |
|                                                                                               |                             |                           |           |      |            |            |           |           |  |          |            |            |
| Current accident year combined ratio before   catastrophe losses                    |                             | 91.9                 | %         |      | 95.5  | %          |           | (3.6)     |  |          | 92.5  | %          |   | 95.2  | % |  | (2.7)     |           |
|                                                                                               |                             |                           |           |      |            |            |           |           |  |          |            |            |

----

|                                                     |                             |                           |          |  |           |   |          |          |      |          |           |  |   |           |  |  |          |           |  |  |         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|-----------------------------------------------------|-----------------------------|---------------------------|----------|--|-----------|---|----------|----------|------|----------|-----------|--|---|-----------|--|--|----------|-----------|--|--|---------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                               | Three months ended June 30, | Six months ended June 30, |
|                                                     | 2024                        |                           | 2023     |  | % Change  |   | 2024     |          | 2023 |          | % Change  |
| Term life insurance                                 |                             | $                         | 59  |  |           | $ | 58  |          |      | 2   |           |  | $ | 116  |  |  | $        | 114  |  |  | 2  |  |
| Whole life insurance                                |                             | 13                   |          |  | 13   |   |          | 0   |      |          | 26   |  |   | 25   |  |  | 4   |           |
| Universal life and other                            |                             | 9                    |          |  | 9    |   |          | 0   |      |          | 18   |  |   | 18   |  |  | 0   |           |
|     Earned premiums             |                             | 81                   |          |  | 80   |   |          | 1   |      |          | 160  |  |   | 157  |  |  | 2   |           |
| Investment income, net of expenses                  |                             | 47                   |          |  | 46   |   |          | 2   |      |          | 94   |  |   | 91   |  |  | 3   |           |
| Investment gains and losses, net                    |                             | (7)                       |          |  | (2)       |   |          | (250)    |      |          | (9)       |  |   | (1)       |  |  | nm       |
| Fee revenues                                        |                             | 2                    |          |  | 3    |   |          | (33)     |      |          | 3    |  |   | 5    |  |  | (40)     |           |
| Total revenues                                      |                             | 123                  |          |  | 127  |   |          | (3)      |      |          | 248  |  |   | 252  |  |  | (2)      |           |
| Contract holders’ benefits incurred           |                             | 68                   |          |  | 78   |   |          | (13)     |      |          | 147  |  |   | 159  |  |  | (8)      |           |
| Underwriting expenses incurred                      |                             | 24                   |          |  | 22   |   |          | 9   |      |          | 46   |  |   | 42   |  |  | 10  |           |
|     Total benefits and expenses |                             | 92                   |          |  | 100  |   |          | (8)      |      |          | 193  |  |   | 201  |  |  | (4)      |           |
| Net income before income tax                        |                             | 31                   |          |  | 27   |   |          | 15  |      |          | 55   |  |   | 51   |  |  | 8   |           |
| Income tax provision                                |                             | 7                    |          |  | 6    |   |          | 17  |      |          | 12   |  |   | 11   |  |  | 9   |           |
| Net income of the life insurance subsidiary         |                             | $                         | 24  |  |           | $ | 21  |          |      | 14  |           |  | $ | 43   |  |  | $        | 40   |  |  | 8  |  |
|                                                     |                             |                           |          |  |           |   |          |          |      |          |           |  |

----

|                                                                                |      |                             |                           |  |            |   |              |          |      |            |           |   |              |             |  |   |              |           |  |  |          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------------------------|------|-----------------------------|---------------------------|--|------------|---|--------------|----------|------|------------|-----------|---|--------------|-------------|--|---|--------------|-----------|--|--|----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                                                          |      | Three months ended June 30, | Six months ended June 30, |
|                                                                                | 2024 |                             | 2023                      |  | % Change   |   | 2024         |          | 2023 |            | % Change  |
| Investment income, net of expenses                                             |      | $                           | 242                  |  |            | $ | 220     |          |      | 10    |           |   | $            | 487    |  |   | $            | 430  |  |  | 13  |  |
| Investment interest credited to contract holders                               |      | (31)                        |                           |  | (30)       |   |              | (3)      |      |            | (62)      |   |              | (60)        |  |   | (3)          |           |
| Investment gains and losses, net                                               |      | 137                    |                           |  | 434   |   |              | (68)     |      |            | 749  |   |              | 540    |  |   | 39      |           |
|       Investments profit                         |      | $                           | 348                  |  |            | $ | 624     |          |      | (44)       |           |   | $            | 1,174  |  |   | $            | 910  |  |  | 29  |  |
|                                                                                |      |                             |                           |  |            |   |              |          |      |            |           |   |
| Investment income:                                                         |      |                             |                           |  |            |   |              |          |      |            |           |   |
|    Interest                                                     |      | $                           | 173                  |  |            | $ | 147     |          |      | 18    |           |   | $            | 342    |  |   | $            | 287  |  |  | 19  |  |
|    Dividends                                                    |      | 69                     |                           |  | 70    |   |              | (1)      |      |            | 141  |   |              | 136    |  |   | 4       |           |
|    Other                                                        |      | 4                      |                           |  | 6     |   |              | (33)     |      |            | 11   |   |              | 13     |  |   | (15)         |           |
|    Less investment expenses                                     |      | 4                      |                           |  | 3     |   |              | 33  |      |            | 7    |   |              | 6      |  |   | 17      |           |
|       Investment income, pretax                  |      | 242                    |                           |  | 220   |   |              | 10  |      |            | 487  |   |              | 430    |  |   | 13      |           |
|       Less income taxes                          |      | 40                     |                           |  | 35    |   |              | 14  |      |            | 81   |   |              | 69     |  |   | 17      |           |
|       Total investment income, after-tax         |      | $                           | 202                  |  |            | $ | 185     |          |      | 9     |           |   | $            | 406    |  |   | $            | 361  |  |  | 12  |  |
|                                                                                |      |                             |                           |  |            |   |              |          |      |            |           |   |
| Investment returns:                                                        |      |                             |                           |  |            |   |              |          |      |            |           |   |
|  Average invested assets plus cash and cash    equivalents |      | $                           | 27,824               |  |            | $ | 25,114  |          |      |            |           | $ | 27,495  |             |  | $ | 25,001  |           |  |  |
|       Average yield pretax                       |      | 3.48                   | %                         |  | 3.50  | % |              |          |      | 3.54  | %         |   | 3.44    | %           |  |   |
|       Average yield after-tax                    |      | 2.90                   |                           |  | 2.95  |   |              |          |      | 2.95  |           |   | 2.89    |             |  |   |
|       Effective tax rate                         |      | 16.7                   |                           |  | 16.2  |   |              |          |      | 16.7  |           |   | 16.1    |             |  |   |
| Fixed-maturity returns:                                                    |      |                             |                           |  |            |   |              |          |      |            |           |   |
| Average amortized cost                                                         |      | $                           | 14,909               |  |            | $ | 13,535  |          |      |            |           | $ | 14,735  |             |  | $ | 13,344  |           |  |  |
| Average yield pretax                                                           |      | 4.64                   | %                         |  | 4.34  | % |              |          |      | 4.64  | %         |   | 4.30    | %           |  |   |
| Average yield after-tax                                                        |      | 3.81                   |                           |  | 3.59  |   |              |          |      | 3.81  |           |   | 3.55    |             |  |   |
| Effective tax rate                                                             |      | 17.9                   |                           |  | 17.4  |   |              |          |      | 17.9  |           |   | 17.4    |             |  |   |
|                                                                                |      |                             |                           |  |            |   |              |          |      |            |           |   |

|                                                                     |      |                             |          |                           |           |   |               |           |  |   |           |  |  |   |           |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------|------|-----------------------------|----------|---------------------------|-----------|---|---------------|-----------|--|---|-----------|--|--|---|-----------|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                                               |      | Three months ended June 30, |          | Six months ended June 30, |
|                                                                     | 2024 |                             | 2023     |                           | 2024      |   | 2023          |
| Investment gains and losses on equity securities sold, net          |      | $                           | 7   |                           |           | $ | —  |           |  | $ | 4    |  |  | $ | (4)       |  |
| Unrealized gains and losses on equity securities still held, net    |      | 142                    |          |                           | 459  |   |               | 747  |  |   | 568  |  |
| Investment gains and losses on fixed-maturity securities, net       |      | (18)                        |          |                           | (7)       |   |               | (28)      |  |   | (7)       |  |
| Other                                                               |      | 6                      |          |                           | (18)      |   |               | 26   |  |   | (17)      |  |
| Subtotal - investment gains and losses reported in net income       |      | 137                    |          |                           | 434  |   |               | 749  |  |   | 540  |  |
|                                                                     |      |                             |          |                           |           |   |               |           |
| Change in unrealized investment gains and losses - fixed maturities |      | (75)                        |          |                           | (154)     |   |               | (130)     |  |   | 9    |  |
| Total                                                               |      | $                           | 62  |                           |           | $ | 280      |           |  | $ | 619  |  |  | $ | 549  |  |
|                                                                     |      |                             |          |                           |           |   |               |           |

----

|                                               |             |                 |              |  |              |   |              |  |  |  |  |  |  |  |
|-----------------------------------------------|-------------|-----------------|--------------|--|--------------|---|--------------|--|--|--|--|--|--|--|
| (Dollars in millions, except share data)      | At June 30, | At December 31, |
|                                               | 2024        |                 | 2023         |
|    Total investments           |             | $               | 26,684  |  |              | $ | 25,357  |  |
|    Total assets                |             | 34,802     |              |  | 32,769  |   |
|    Short-term debt             |             | 25         |              |  | 25      |   |
|    Long-term debt              |             | 790        |              |  | 790     |   |
|    Shareholders’ equity  |             | 12,777     |              |  | 12,098  |   |
|    Book value per share        |             | 81.79      |              |  | 77.06   |   |
|    Debt-to-total-capital ratio |             | 6.0        | %            |  | 6.3     | % |
|                                               |             |                 |              |  |

----

----

----

----

|                                                                    |                             |             |                           |             |              |              |                   |              |   |              |  |  |   |             |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------------|-----------------------------|-------------|---------------------------|-------------|--------------|--------------|-------------------|--------------|---|--------------|--|--|---|-------------|--|--|--|--|--|--|--|--|--|
| (Dollars in millions)                                              |                             |             |                           |             | June 30,     |              | December 31, |
|                                                                    |                             |             |                           |             | 2024         |              | 2023              |
| Assets                                                             |                             |             |                           |             |              |              |                   |
|    Investments                                      |                             |             |                           |        | $            | 26,684  |                   |              | $ | 25,357  |  |
|    Cash and cash equivalents                        |                             |             |                           |             | 771     |              |                   | 907     |   |
|                                                                    |                             |             |                           |             |              |              |                   |
|    Premiums receivable                              |                             |             |                           |             | 3,091   |              |                   | 2,592   |   |
|    Reinsurance recoverable                          |                             |             |                           |             | 546     |              |                   | 651     |   |
| Deferred policy acquisition costs                                  |                             |             |                           |             | 1,229   |              |                   | 1,093   |   |
|    Other assets                                     |                             |             |                           |             | 2,481   |              |                   | 2,169   |   |
| Total assets                                                       |                             |             |                           |        | $            | 34,802  |                   |              | $ | 32,769  |  |
|                                                                    |                             |             |                           |             |              |              |                   |
| Liabilities                                                        |                             |             |                           |             |              |              |                   |
|    Insurance reserves                               |                             |             |                           |        | $            | 12,521  |                   |              | $ | 12,118  |  |
|    Unearned premiums                                |                             |             |                           |             | 4,826   |              |                   | 4,119   |   |
|    Deferred income tax                              |                             |             |                           |             | 1,465   |              |                   | 1,324   |   |
|    Long-term debt and lease obligations             |                             |             |                           |             | 849     |              |                   | 849     |   |
|    Other liabilities                                |                             |             |                           |             | 2,364   |              |                   | 2,261   |   |
| Total liabilities                                                  |                             |             |                           |             | 22,025  |              |                   | 20,671  |   |
|                                                                    |                             |             |                           |             |              |              |                   |
| Shareholders’ Equity                                         |                             |             |                           |             |              |              |                   |
|    Common stock and paid-in capital                 |                             |             |                           |             | 1,863   |              |                   | 1,834   |   |
|    Retained earnings                                |                             |             |                           |             | 13,897  |              |                   | 13,084  |   |
|    Accumulated other comprehensive loss             |                             |             |                           |             | (470)        |              |                   | (435)        |   |
|    Treasury stock                                   |                             |             |                           |             | (2,513)      |              |                   | (2,385)      |   |
| Total shareholders' equity                                         |                             |             |                           |             | 12,777  |              |                   | 12,098  |   |
| Total liabilities and shareholders' equity                         |                             |             |                           |        | $            | 34,802  |                   |              | $ | 32,769  |  |
|                                                                    |                             |             |                           |             |              |              |                   |
| (Dollars in millions, except per share data)                       | Three months ended June 30, |             | Six months ended June 30, |
|                                                                    | 2024                        |             | 2023                      |             | 2024         |              | 2023              |
| Revenues                                                           |                             |             |                           |             |              |              |                   |
|    Earned premiums                                  | $                           | 2,156  |                           |             | $            | 1,943   |                   |              | $ | 4,227   |  |  | $ | 3,861  |  |
|    Investment income, net of expenses               | 242                    |             |                           | 220    |              |              | 487          |              |   | 430     |  |
|    Investment gains and losses, net                 | 137                    |             |                           | 434    |              |              | 749          |              |   | 540     |  |
|    Other revenues                                   | 9                      |             |                           | 8      |              |              | 16           |              |   | 15      |  |
|       Total revenues                 | 2,544                  |             |                           | 2,605  |              |              | 5,479        |              |   | 4,846   |  |
|                                                                    |                             |             |                           |             |              |              |                   |
| Benefits and Expenses                                              |                             |             |                           |             |              |              |                   |
|    Insurance losses and contract holders' benefits  | 1,480                  |             |                           | 1,340  |              |              | 2,829        |              |   | 2,738   |  |
|    Underwriting, acquisition and insurance expenses | 655                    |             |                           | 579    |              |              | 1,271        |              |   | 1,135   |  |
|    Interest expense                                 | 14                     |             |                           | 13     |              |              | 27           |              |   | 27      |  |
|    Other operating expenses                         | 9                      |             |                           | 7      |              |              | 13           |              |   | 12      |  |
|       Total benefits and expenses    | 2,158                  |             |                           | 1,939  |              |              | 4,140        |              |   | 3,912   |  |
|                                                                    |                             |             |                           |             |              |              |                   |
| Income Before Income Taxes                                         | 386                    |             |                           | 666    |              |              | 1,339        |              |   | 934     |  |
|                                                                    |                             |             |                           |             |              |              |                   |
| Provision for Income Taxes                                         | 74                     |             |                           | 132    |              |              | 272          |              |   | 175     |  |
|                                                                    |                             |             |                           |             |              |              |                   |
| Net Income                                                         | $                           | 312    |                           |             | $            | 534     |                   |              | $ | 1,067   |  |  | $ | 759    |  |
|                                                                    |                             |             |                           |             |              |              |                   |
| Per Common Share:                                              |                             |             |                           |             |              |              |                   |
|    Net income—basic                           | $                           | 1.99   |                           |             | $            | 3.40    |                   |              | $ | 6.82    |  |  | $ | 4.83   |  |
|    Net income—diluted                         | 1.98                   |             |                           | 3.38   |              |              | 6.77         |              |   | 4.80    |  |
|                                                                    |                             |             |                           |             |              |              |                   |

----

----

|                                                             |                             |                           |            |      |            |      |            |            |  |   |             |  |  |   |            |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------|-----------------------------|---------------------------|------------|------|------------|------|------------|------------|--|---|-------------|--|--|---|------------|--|--|--|--|--|--|--|--|--|--|--|
|  Net Income Reconciliation                             |
|                                                             |
| (Dollars in millions, except per share data)                | Three months ended June 30, | Six months ended June 30, |
|                                                             |                             | 2024                      |            | 2023 |            | 2024 |            | 2023       |
| Net income                                                  |                             | $                         | 312   |      |            | $    | 534   |            |  | $ | 1,067  |  |  | $ | 759   |  |
| Less:                                                   |                             |                           |            |      |            |      |            |            |
|    Investment gains and losses, net          |                             | 137                  |            |      | 434   |      |            | 749   |  |   | 540    |  |
|    Income tax on investment gains and losses |                             | (29)                      |            |      | (91)       |      |            | (158)      |  |   | (113)       |  |
|    Investment gains and losses, after-tax    |                             | 108                  |            |      | 343   |      |            | 591   |  |   | 427    |  |
|                                                             |                             |                           |            |      |            |      |            |            |
| Non-GAAP operating income                                   |                             | $                         | 204   |      |            | $    | 191   |            |  | $ | 476    |  |  | $ | 332   |  |
|                                                             |                             |                           |            |      |            |      |            |            |
| Diluted per share data:                                 |                             |                           |            |      |            |      |            |            |
| Net income                                                  |                             | $                         | 1.98  |      |            | $    | 3.38  |            |  | $ | 6.77   |  |  | $ | 4.80  |  |
| Less:                                                   |                             |                           |            |      |            |      |            |            |
|    Investment gains and losses, net          |                             | 0.87                 |            |      | 2.74  |      |            | 4.75  |  |   | 3.41   |  |
|    Income tax on investment gains and losses |                             | (0.18)                    |            |      | (0.57)     |      |            | (1.00)     |  |   | (0.71)      |  |
|    Investment gains and losses, after-tax    |                             | 0.69                 |            |      | 2.17  |      |            | 3.75  |  |   | 2.70   |  |
|                                                             |                             |                           |            |      |            |      |            |            |
|    Non-GAAP operating income                 |                             | $                         | 1.29  |      |            | $    | 1.21  |            |  | $ | 3.02   |  |  | $ | 2.10  |  |
|                                                             |                             |                           |            |      |            |      |            |            |

|                                                              |                             |                           |          |      |               |      |          |          |  |   |               |  |  |   |          |  |  |  |  |  |  |  |  |  |  |  |
|--------------------------------------------------------------|-----------------------------|---------------------------|----------|------|---------------|------|----------|----------|--|---|---------------|--|--|---|----------|--|--|--|--|--|--|--|--|--|--|--|
| Life Insurance Reconciliation                                |
|                                                              |
| (Dollars in millions)                                        | Three months ended June 30, | Six months ended June 30, |
|                                                              |                             | 2024                      |          | 2023 |               | 2024 |          | 2023     |
| Net income of the life insurance subsidiary                  |                             | $                         | 24  |      |               | $    | 21  |          |  | $ | 43       |  |  | $ | 40  |  |
| Investment gains and losses, net                             |                             | (7)                       |          |      | (2)           |      |          | (9)      |  |   | (1)           |  |
| Income tax on investment gains and losses                    |                             | (2)                       |          |      | —  |      |          | (2)      |  |   | —  |  |
| Non-GAAP operating income                                    |                             | 29                   |          |      | 23       |      |          | 50  |  |   | 41       |  |
|                                                              |                             |                           |          |      |               |      |          |          |
| Investment income, net of expenses                           |                             | (47)                      |          |      | (46)          |      |          | (94)     |  |   | (91)          |  |
| Investment income credited to contract holders               |                             | 31                   |          |      | 30       |      |          | 62  |  |   | 60       |  |
| Income tax excluding tax on investment gains and losses, net |                             | 9                    |          |      | 6        |      |          | 14  |  |   | 11       |  |
| Life insurance segment profit                                |                             | $                         | 22  |      |               | $    | 13  |          |  | $ | 32       |  |  | $ | 21  |  |
|                                                              |                             |                           |          |      |               |      |          |          |

----

|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |  |        |   |           |  |  |  |   |           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|------------|-------------|---------|--------|--------|---|-------------|--|-------|--|---|-------------|------|--|--------|---|-----------|--|--|--|---|-----------|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|--|
| Property Casualty Insurance Reconciliation                                                                                                                                            |
| (Dollars in millions)                                                                                                                                                                 | Three months ended June 30, 2024 |
|                                                                                                                                                                                       | Consolidated                     | Commercial | Personal    | E&S |        | Other* |
| Premiums:                                                                                                                                                                         |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
|    Net written premiums                                                                                                                                                |                             | $          | 2,459  |         |        |   | $ | 1,186  |  |       |  | $ | 819    |      |  |   | $ | 180  |  |  |  | $ | 274  |  |
|    Unearned premiums change                                                                                                                                            |                                  | (384)      |             |         |        | (79)   |   |             |  | (188) |  |   |             | (29) |  |        |   | (88)      |  |
|    Earned premiums                                                                                                                                                     |                             | $          | 2,075  |         |        |   | $ | 1,107  |  |       |  | $ | 631    |      |  |   | $ | 151  |  |  |  | $ | 186  |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
| Underwriting profit (loss)                                                                                                                                                            |                                  | $          | 35     |         |        |        | $ | 10     |  |       |  | $ | (42)        |      |  |        | $ | 8    |  |  |  | $ | 59   |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
| (Dollars in millions)                                                                                                                                                                 | Six months ended June 30, 2024   |
|                                                                                                                                                                                       | Consolidated                     | Commercial | Personal    | E&S |        | Other* |
| Premiums:                                                                                                                                                                         |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
|    Net written premiums                                                                                                                                                |                             | $          | 4,707  |         |        |        | $ | 2,409  |  |       |  | $ | 1,414  |      |  |        | $ | 326  |  |  |  | $ | 558  |  |
|    Unearned premiums change                                                                                                                                            |                                  | (640)      |             |         |        | (220)  |   |             |  | (195) |  |   |             | (36) |  |        |   | (189)     |  |
|    Earned premiums                                                                                                                                                     |                             | $          | 4,067  |         |        |        | $ | 2,189  |  |       |  | $ | 1,219  |      |  |        | $ | 290  |  |  |  | $ | 369  |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
| Underwriting profit (loss)                                                                                                                                                            |                                  | $          | 166    |         |        |        | $ | 49     |  |       |  | $ | (5)         |      |  |        | $ | 20   |  |  |  | $ | 102  |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
| (Dollars in millions)                                                                                                                                                                 | Three months ended June 30, 2023 |
|                                                                                                                                                                                       | Consolidated                     | Commercial | Personal    | E&S | Other* |
| Premiums:                                                                                                                                                                         |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
|    Net written premiums                                                                                                                                                |                                  | $          | 2,150  |         |        |        | $ | 1,106  |  |       |  | $ | 629    |      |  |        | $ | 156  |  |  |  | $ | 259  |  |
|    Unearned premiums change                                                                                                                                            |                                  | (287)      |             |         |        | (40)   |   |             |  | (136) |  |   |             | (24) |  |        |   | (87)      |  |
|    Earned premiums                                                                                                                                                     |                                  | $          | 1,863  |         |        |        | $ | 1,066  |  |       |  | $ | 493    |      |  |        | $ | 132  |  |  |  | $ | 172  |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
| Underwriting profit (loss)                                                                                                                                                            |                                  | $          | 47     |         |        |        | $ | 33     |  |       |  | $ | (36)        |      |  |        | $ | 11   |  |  |  | $ | 39   |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
| (Dollars in millions)                                                                                                                                                                 | Six months ended June 30, 2023   |
|                                                                                                                                                                                       | Consolidated                     | Commercial | Personal    | E&S | Other* |
| Premiums:                                                                                                                                                                         |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
|    Net written premiums                                                                                                                                                |                                  | $          | 4,169  |         |        |        | $ | 2,247  |  |       |  | $ | 1,077  |      |  |        | $ | 292  |  |  |  | $ | 553  |  |
|    Unearned premiums change                                                                                                                                            |                                  | (465)      |             |         |        | (125)  |   |             |  | (120) |  |   |             | (33) |  |        |   | (187)     |  |
|    Earned premiums                                                                                                                                                     |                                  | $          | 3,704  |         |        |        | $ | 2,122  |  |       |  | $ | 957    |      |  |        | $ | 259  |  |  |  | $ | 366  |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
| Underwriting profit (loss)                                                                                                                                                            |                                  | $          | 37     |         |        |        | $ | 31     |  |       |  | $ | (93)        |      |  |        | $ | 24   |  |  |  | $ | 75   |  |
|                                                                                                                                                                                       |                                  |            |             |         |        |        |   |             |  |       |  |   |             |      |
|   Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. *Included in Other are the results of Cincinnati Re and Cincinnati Global. |

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----

|                                                                                                                                                       |                             |                           |             |  |             |   |             |             |   |   |             |   |  |   |             |  |  |  |  |  |  |  |  |  |  |  |
|-------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------|---------------------------|-------------|--|-------------|---|-------------|-------------|---|---|-------------|---|--|---|-------------|--|--|--|--|--|--|--|--|--|--|--|
| (Dollars are per share)                                                                                                                               | Three months ended June 30, | Six months ended June 30, |
|                                                                                                                                                       | 2024                        |                           | 2023        |  | 2024        |   | 2023        |
|                                                                                                                                                       |                             |                           |             |  |             |   |             |             |
|                                                                                                                                                       |                             |                           |             |  |             |   |             |             |
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|                                                                                                                                                       |                             |                           |             |  |             |   |             |             |
|                                                                                                                                                       |                             |                           |             |  |             |   |             |             |
| Value creation ratio:                                                                                                                             |                             |                           |             |  |             |   |             |             |
|    End of period book value*                                                                                                           |                             | $                         | 81.79  |  |             | $ | 70.33  |             |   | $ | 81.79  |   |  | $ | 70.33  |  |
|    Less beginning of period book value                                                                                                 |                             | 80.83                |             |  | 68.33  |   |             | 77.06  |   |   | 67.01  |   |
|    Change in book value                                                                                                                |                             | 0.96                 |             |  | 2.00   |   |             | 4.73   |   |   | 3.32   |   |
|    Dividend declared to shareholders                                                                                                   |                             | 0.81                 |             |  | 0.75   |   |             | 1.62   |   |   | 1.50   |   |
|    Total value creation                                                                                                                |                             | $                         | 1.77   |  |             | $ | 2.75   |             |   | $ | 6.35   |   |  | $ | 4.82   |  |
|                                                                                                                                                       |                             |                           |             |  |             |   |             |             |
| Value creation ratio from change in book value**                                                                                                      |                             | 1.2                  | %           |  | 2.9    | % |             | 6.1    | % |   | 5.0    | % |
| Value creation ratio from dividends declared to shareholders***                                                                                       |                             | 1.0                  |             |  | 1.1    |   |             | 2.1    |   |   | 2.2    |   |
| Value creation ratio                                                                                                                                  |                             | 2.2                  | %           |  | 4.0    | % |             | 8.2    | % |   | 7.2    | % |
|                                                                                                                                                       |                             |                           |             |  |             |   |             |             |
|     * Book value per share is calculated by dividing end of period total shareholders' equity by end of period shares outstanding |                             |                           |
|   ** Change in book value divided by the beginning of period book value                                                                     |                             |                           |
| *** Dividend declared to shareholders divided by beginning of period book value                                                                       |                             |                           |

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