Item 1A. Risk Factors
Item 1A. Risk Factors
Our risk factors have not changed materially since they were described in our 2021 Annual Report on Form 10-K filed February 24, 2022. Investors should not interpret the disclosure of a risk to imply that the risk has not already materialized.
We have limited direct exposure within our insurance operations to businesses or individuals in Russia or the Ukraine, reported in our consolidated property casualty insurance catastrophe losses and loss expenses incurred, net of reinsurance. We do not have material exposure to investments subject to embargos or Russian reinsurance counterparties. However, the ongoing Russian war against Ukraine is impacting global economic, banking, commodity, and financial markets, exacerbating ongoing economic challenges, including inflation and supply chain disruption, which impacts insurance loss costs, premiums and investment valuation.
Cincinnati Financial Corporation Second-Quarter 2022 10-Q
Page 67
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.