Lincoln Financial Q1: Strong Growth & Solid Capital

Lincoln Financials first quarter results show a sixteen percent year-over-year increase in adjusted operating income, totaling three hundred twenty-six million dollars. This growth is driven by strong underwriting in group and life insurance, as well as solid spreads in annuities and retirement plans. The companys capital is robust, with risk-based capital exceeding their four hundred twenty percent buffer and leverage meeting the long-term twenty-five percent target. Each business segment saw gains, with group protection earnings up eleven percent, life insurance flipping from a loss to a profit, retirement plans jumping twenty-six percent, and annuities holding steady despite market dips. Lincoln is focusing on fortifying capital, streamlining operations, and pursuing profitable growth through deep distribution and tech upgrades. They are also retaining all fixed annuity flows and eyeing more efficiency through digital tools. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6c0d97bed48de687