Lincoln National LNC Fixed Annuities — Reinsurance recoverable amortization
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Lincoln National in its filing.
Tagged under the XBRL concept lnc:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustmentsAmortization.
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
The first agreement was structured as a coinsurance treaty between us and Fortitude Re for the ULSG and fixed annuities blocks. As significant insurance risk was transferred for ULSG products and life-contingent annuities, amounts recoverable from Fortitude Re were $10.5 billion and $10.6 billion as of March 31, 2026, and December 31, 2025, respectively. We reported a deferred loss on the transaction of $2.5 billion as of March 31, 2026, and December 31, 2025. We amortized $24 million and $23 million of the deferred loss during the three months ended March 31, 2026 and 2025, respectively. Annuities that are not life-contingent do not contain significant insurance risk; therefore, we reported deposit assets for these contracts of $2.3 billion and $2.4 billion as of March 31, 2026, and December 31, 2025, respectively.
Item 1. Financial Statements
FAQ
- What is Lincoln National's fixed annuities — reinsurance recoverable amortization?
- Lincoln National (LNC) reported fixed annuities — reinsurance recoverable amortization of $24M in Q1 2026.
- How has Lincoln National's fixed annuities — reinsurance recoverable amortization changed year-over-year?
- Lincoln National's fixed annuities — reinsurance recoverable amortization increased by 4.3% year-over-year, from $23M to $24M.
- What does fixed annuities — reinsurance recoverable amortization mean?
- Represents the periodic expense recognized from the amortization of reinsurance recoverables related to unpaid claims and adjustment expenses within the fixed annuity segment. This metric reflects the systematic allocation of reinsurance assets over the expected life of the underlying insurance contracts. It is a key indicator of how reinsurance cost recovery impacts the net underwriting results of the segment.
Ask your AI about Lincoln National's fixed annuities — reinsurance recoverable amortization.
Connect your AI assistant and compare it to peers, right in your chat.
