CINF — what changed in the latest 10-Q
A section-by-section comparison of CINF's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-26 vs the prior 10-Q · 2026-07-27
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +44 | −54 | ~93 | 104 |
| Market risk (Item 3) | Text added/removed | +5 | −3 | ~26 | 19 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | No paragraph-level changes | 0 | 0 | 0 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-26
Three months ended September 30,Nine months ended September 30,
Change in fixed-maturity securities, realized and unrealized gains(5.5)1.3 (6.6)1.8
Change in equity securities, investment gains0.0 4.7 6.2 7.1
(Dollars are per share)Three months ended September 30,Nine months ended September 30,
Value creation ratio from dividends declared to shareholders***0.9 0.9 2.8 2.9
Text removed vs the prior filing · source: 10-Q · 2026-07-27
Change in fixed-maturity securities, realized and unrealized gains0.4 0.1 (0.7)0.5
Change in equity securities, investment gains6.6 2.7 6.2 2.3
(Dollars are per share)Three months ended June 30,Six months ended June 30,
Value creation ratio from dividends declared to shareholders***0.9 1.0 1.8 2.0
Ratios as a percent of earned premiums: Pt. Change Pt. Change
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-10-26
(Dollars in millions)At September 30, 2026At December 31, 2025
At September 30, 2026, substantially all of our consolidated investment portfolio, measured at fair value, is classified as Level 1 or Level 2. See Item 1, Note 3, Fair Value Measurements, for additional discussion of our valuation techniques.
In addition to our investment portfolio, the total investments amount reported in our condensed consolidated balance sheets includes Other invested assets. Other invested assets included $721 million of private equity investments, $151 million of real estate through direct property ownership and dev…
(Dollars in millions) At September 30, 2026At December 31, 2025
Our strategy is to buy, and typically hold, fixed-maturity investments to maturity, but we monitor credit profiles and fair value movements when determining holding periods for individual securities. With the exception of United States agency issues that include government-sponsored enterprises, no …
Text removed vs the prior filing · source: 10-Q · 2026-07-27
At June 30, 2026, substantially all of our consolidated investment portfolio, measured at fair value, is classified as Level 1 or Level 2. See Item 1, Note 3, Fair Value Measurements, for additional discussion of our valuation techniques.
In addition to our investment portfolio, the total investments amount reported in our condensed consolidated balance sheets includes Other invested assets. Other invested assets included $678 million of private equity investments, $129 million of real estate through direct property ownership and dev…
Our strategy is to buy, and typically hold, fixed-maturity investments to maturity, but we monitor credit profiles and fair value movements when determining holding periods for individual securities. With the exception of United States agency issues that include government-sponsored enterprises, no …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice