UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

                          Date of Report: July 22, 2004

                          Commission file number 0-4604

                        CINCINNATI FINANCIAL CORPORATION
             (Exact name of registrant as specified in its charter)

              Ohio                                      31-0746871
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(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)

 6200 S. Gilmore Road, Fairfield, Ohio                  45014-5141
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(Address of principal executive offices)                (Zip code)

       Registrant's telephone number, including area code: (513) 870-2000



Item 12. Results of Operations and Financial Condition. On July 22, 2004,
Cincinnati Financial Corporation issued a news release announcing its financial
results for the second quarter, ended June 30, 2004. The news release is
furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

The information furnished in this report shall not be deemed "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that Section, nor shall such information
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended.



Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                CINCINNATI FINANCIAL CORPORATION

                                /s/ Kenneth W. Stecher
                                -----------------------
                                Kenneth W. Stecher
                                Chief Financial Officer, Senior Vice President,
                                Secretary and Treasurer
                                (Principal Accounting Officer)
                                July 22, 2004



Exhibits:

Exhibit 99.1 News release dated July 22, 2004, containing financial results of
Cincinnati Financial Corporation for the second quarter, ended June 30, 2004.