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Lincoln National LNC Fixed Annuities — Net transfers from (to) separate account

Other product segments

Variable Annuities
-$651M-127%
UL and Other
$68M+386%

Similar metrics at other companies

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BHFFixed Rate Annuities — Net transfers from (to) separate account
$0
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BHFVariable Annuities — Net transfers from (to) separate account
$42M+35.5%
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BHFIndex-linked Annuities — Net transfers from (to) separate account
$0
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BHFULSG — Net transfers from (to) separate account
$0
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BHFUniversal Life Insurance — Net transfers from (to) separate account
$7M-22.2%
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CRBGCorporate & Other — Net transfers from (to) separate account
$1.46B+14.1%

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$8.98B+20.1%
Enterprise value$8B+31.2%
P/E5.2×-1.4×
P/S0.5×+0.1×

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:TransferToFromPolicyholderAccountBalanceToFromSeparateAccount.

The source filing: Lincoln National’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000059558-26-000035
Line itemVariable AnnuitiesFixed AnnuitiesUL and OtherRetirement Plan Services
Gross deposits1,869718837880
Withdrawals(920)(616)(403)(1,279)
Policyholder assessments(1)(15)(1,095)(5)
Net transfers from (to) separate account(651)6886
Interest credited230256357169
Change in fair value of embedded derivative
instruments and other(1,444)(97)(27)
Balance as of end-of-period$39,143$28,974$35,723$23,694

Item 1. Financial Statements

FAQ

What is Lincoln National's fixed annuities — net transfers from (to) separate account?
Lincoln National (LNC) reported fixed annuities — net transfers from (to) separate account of $0 in Q1 2026.
What does fixed annuities — net transfers from (to) separate account mean?
Measures the net movement of funds between the fixed annuity general account and separate accounts, typically associated with variable annuity products. This reflects shifts in policyholder asset allocation strategies and the company's ability to retain assets within specific product segments.

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