Cincinnati Financial
Q4 2022 Earnings Call
Feb 07, 2023, 11:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, and welcome to the Cincinnati Financial Corporation fourth-quarter and full-year 2022 earnings conference call. [Operator instructions] Please note that this event is being recorded. I would now like to turn the conference over to Dennis McDaniel, investor relations officer. Please go ahead.
Dennis McDaniel -- Investor Relations
Hello, This is Dennis McDaniel at Cincinnati Financial. Thank you for joining us for our fourth-quarter and full-year 2022 earnings conference call. Late yesterday, we issued a news release on our results, along with our supplemental financial package, including our year-end investment portfolio. To find copies of any of these documents, please visit our investor website, cinfin.com/investors.
The shortest route to the information is a quarterly results link and a navigation menu on the far left. On this call, you'll first hear from Chairman and Chief Executive Officer Steve Johnston, and then from Executive Vice President and Chief Financial Officer Mike Sewell. After their prepared remarks, investors participating in the call may ask questions. At that time, some responses may be made by others in the room with us, including President Steve Spray and Cincinnati Insurance's Chief Investment Officer Steve Soloria, Chief Claims Officer Marc Schambow, and Senior Vice President of Corporate Finance Theresa Hoffer.
First, please note that some of the matters to be discussed today are forward looking. These forward-looking statements involve certain risks and uncertainties. With respect to these risks and uncertainties, we direct your attention to our news release and to our various filings with the SEC. Also, a reconciliation of non-GAAP measures was provided with the news release.
Statutory accounting data is prepared in accordance with statutory accounting rules and, therefore, is not reconciled to GAAP. Now, I'll turn over the call to Steve.
Steve Johnston -- Chairman and Chief Executive Officer
Good morning and thank you for joining us today to hear more about our results. We see positive momentum in several areas and are bullish about our future prospects despite 2022 financial results that were somewhat below our expectations. Challenges during the year included elevated inflation and higher losses from natural catastrophe events for us and the property casualty industry, in addition to the market volatility affecting the valuation of investment portfolios. Our experience in managing adversity, coupled with the company's financial strength, allows us to maintain a long-term view and supports our confidence as we execute our plans.