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Lincoln National LNC Life Insurance — Unearned Premiums

Other segment segments

Other Operations
$0
Retirement Plan Services
$0

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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:SupplementaryInsuranceInformationUnearnedPremiums.

The source filing: Lincoln National’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 5:22 PM EST
Fiscal year
FY2025
Accession
0000059558-26-000016
Column A / Business Segments and Other OperationsColumn B / DAC / and / VOBAColumn C / Future / Contract / BenefitsColumn D / Unearned / Premiums (1)Column E / Policyholder / Account / BalancesColumn F / Insurance / Premiums / and / Fee Income
Annuities$4,472$2,053$68,788$2,509
Life Insurance7,70424,40236,2153,837
Group Protection1986,4435,490
Retirement Plan Services24223,843301
Other Operations69,1797,39925
Total$12,622$42,077$136,245$12,162
As of or For the Year Ended December 31, 2024
Annuities$4,258$2,019$61,230$2,508

Item 15. Exhibits and Financial Statement Schedules

FAQ

What is Lincoln National's life insurance — unearned premiums?
Lincoln National (LNC) reported life insurance — unearned premiums of $0 in Q4 2025.
What does life insurance — unearned premiums mean?
Represents the portion of insurance premiums collected in advance that has not yet been earned by the insurer. This liability reflects the company's obligation to provide coverage for the remaining term of the policies.

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