Lincoln National is trying to turn itself around by leaning more on simpler, higher-profit insurance and retirement products while modernizing its tech and widening its sales reach. But older products, customers moving money out, and the challenge of updating legacy systems could still weigh on results.Read more
Lincoln National could ride a growing wave of Americans planning for retirement, as more people look for steady income and workplace savings options. The catch is that its results can swing with interest rates and customer behavior, and it still carries older product risks that could limit how fast it can grow.Read more
Lincoln National is spending more on technology and new strategies, and those higher costs could make it harder to grow profits even if sales hold up. At the same time, recent improvements in its financial strength and product lineup may give it more room to weather pressure and keep results steady.Read more
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders. Its Annuities segment offers variable, fixed, and registered index-linked annuities. The Group Protection segment offers group nonmedical insurance products consisting of short and long-term disability and administration services, statutory disability; paid family medical leave administration and absence management services; term life; life; supplemental health insurance; accident, critical illness, and hospital indemnity benefits and dental and vision products to the employer marketplace through various forms of employee-paid and employer-paid plans. Its Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace; individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and various plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. It distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, financial institutions, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
