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Lincoln National LNC Traditional Life — Benefit payments
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Where this comes from
Reported directly by Lincoln National in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitsPaymentForBenefits.
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 item | As of or For the Three Months Ended March 31, 2026 / Payout Annuities | As of or For the Three Months Ended March 31, 2026 / Traditional Life | As of or For the Three Months Ended March 31, 2025 / Payout Annuities | As of or For the Three Months Ended March 31, 2025 / Traditional Life |
|---|---|---|---|---|
| Adjusted balance as of beginning-of-year | 2,216 | 9,219 | 2,259 | 10,030 |
| Issuances | 18 | 72 | 22 | 64 |
| Interest accrual | 22 | 92 | 22 | 99 |
| Benefit payments | (55) | (199) | (49) | (234) |
| Ending balance at original discount rate (2) | 2,201 | 9,184 | 2,254 | 9,959 |
| Effect of cumulative changes in discount | ||||
| rate assumptions | (211) | (262) | (221) | (305) |
| Balance as of end-of-period | $1,990 | $8,922 | $2,033 | $9,654 |
Item 1. Financial Statements
FAQ
- What is Lincoln National's traditional life — benefit payments?
- Lincoln National (LNC) reported traditional life — benefit payments of -$199M in Q1 2026.
- How has Lincoln National's traditional life — benefit payments changed year-over-year?
- Lincoln National's traditional life — benefit payments increased by 15.0% year-over-year, from -$234M to -$199M.
- What is the long-term trend for Lincoln National's traditional life — benefit payments?
- Over 3 years (2022 to 2025), Lincoln National's traditional life — benefit payments has grown at a 4.0% compound annual growth rate (CAGR), from -$755M to -$849M.
- What does traditional life — benefit payments mean?
- The total cash outflows paid to policyholders or beneficiaries for claims, surrenders, or matured policies within the traditional life segment. Monitoring this helps assess the actual cash impact of mortality and policyholder activity against actuarial expectations.
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