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Lincoln National LNC Group Protection — Issuances

Other segment segments

Traditional Life
$72M+12.5%
Payout Annuities
$18M-18.2%

Similar metrics at other companies

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UNMGroup Disability — Issuances
$0
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EQHGroup Pension — Issuances
$0
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UNMGroup Life and AD&D — Issuances
$0
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UNMGroup Disability — Gross premiums or assessments
$814.6M+4.5%
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UNMGroup Life and AD&D — Liability for Future Policy Benefit, Expected Future Policy Benefit, Issuance
$194.2M-4.6%
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ALLGroup health — Insurance premiums and contract charges
$0-100%

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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitIssuance.

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 group protection — issuances?
Lincoln National (LNC) reported group protection — issuances of $377M in Q1 2026.
How has Lincoln National's group protection — issuances changed year-over-year?
Lincoln National's group protection — issuances decreased by 6.2% year-over-year, from $402M to $377M.
What is the long-term trend for Lincoln National's group protection — issuances?
Over 3 years (2022 to 2025), Lincoln National's group protection — issuances has grown at a -4.0% compound annual growth rate (CAGR), from $1.78B to $1.57B.
What does group protection — issuances mean?
Represents the total face value or volume of new insurance policies issued within the group protection segment during a specific period. This metric reflects the company's ability to capture new employer-sponsored business and expand its market presence in group life, disability, and dental insurance.