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Lincoln National LNC Insurance Liabilities and Annuity Benefits

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Segments

By segment

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UL and Other$18.31B+9.6%
Traditional Life$8.92B-7.6%
Group Protection$5.79B+1.4%
Payout Annuities$1.99B-2.1%

Other financials

Income statement

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Revenue$5.3B+13.1%
Net income-$172.0M+76.2%
EPS (diluted)-$1.10+75.1%

Balance sheet

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Cash & equivalents$7.3B+71.5%
Total debt$6.4B+8.5%
Total equity$10.2B+24.6%
Total assets$406.16B+6.1%

Cash flow

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Operating cash flow$138.0M+151%

Valuation

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Market cap$7.11B+10.3%
Enterprise value$6.13B-25.1%
P/E4.1×-0.7×
P/S0.4×0.0×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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Return on equity18.8%+1.8pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense.

The official record: Lincoln National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's insurance liabilities and annuity benefits?
Lincoln National (LNC) reported insurance liabilities and annuity benefits of $42.01B in Q1 2026.
How has Lincoln National's insurance liabilities and annuity benefits changed year-over-year?
Lincoln National's insurance liabilities and annuity benefits increased by 3.3% year-over-year, from $40.67B to $42.01B.
What is the long-term trend for Lincoln National's insurance liabilities and annuity benefits?
Over 5 years (2020 to 2025), Lincoln National's insurance liabilities and annuity benefits has grown at a -0.4% compound annual growth rate (CAGR), from $42.83B to $42.08B.
What does insurance liabilities and annuity benefits mean?
This represents the total estimated future obligations to policyholders for insurance contracts and annuity products. It reflects the actuarial present value of future benefits, claims, and expenses that the company expects to pay out over the life of these policies. Monitoring this balance is essential for assessing the long-term solvency and reserve adequacy of the insurance business.