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Lincoln National LNC Traditional Life — Less: Reinsurance recoverables

Other segment segments

UL and Other
$5.58B+5.0%
Payout Annuities
$1.39B-6.0%
Group Protection
$123M+1.7%

Similar metrics at other companies

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FNFTraditional Life — Less: Reinsurance recoverable
$498M-5.1%
Fidelity National Financial logo
FNFTraditional Life — Liability for Future Policy Benefit, after Reinsurance
$735M-6.4%
Aflac logo
AFLLife insurance — Less: reinsurance recoverable
$342M+1,610%
Ameriprise Financial logo
AMPLong Term Care Insurance — Less: reinsurance recoverable
$2.59B-0.8%
Ameriprise Financial logo
AMPTerm and Whole Life Insurance — Less: reinsurance recoverable
$401M-6.7%
Apollo Global Management logo
APOTraditional Deferred Annuities — Less: Reinsurance recoverable
$0

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:LiabilityForFuturePolicyBenefitReinsuranceRecoverableAfterAllowance.

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 traditional life — less: reinsurance recoverables?
Lincoln National (LNC) reported traditional life — less: reinsurance recoverables of $261M in Q1 2026.
How has Lincoln National's traditional life — less: reinsurance recoverables changed year-over-year?
Lincoln National's traditional life — less: reinsurance recoverables decreased by 27.5% year-over-year, from $360M to $261M.
What is the long-term trend for Lincoln National's traditional life — less: reinsurance recoverables?
Over 2 years (2023 to 2025), Lincoln National's traditional life — less: reinsurance recoverables has grown at a -18.1% compound annual growth rate (CAGR), from $1.91B to $1.28B.
What does traditional life — less: reinsurance recoverables mean?
The amount of insurance liabilities that have been ceded to third-party reinsurers, representing a reduction in the company's net liability exposure. This metric is critical for understanding the company's risk transfer strategy and the net financial burden retained by the insurer.