Lincoln National LNC Variable Annuities — Deferrals

Other product segments

Similar metrics at other companies

JXNVariable annuity — Deferrals of acquisition costs

$141M+38.2%

AMPVariable Annuity — Deferred acquisition costs

$1.29B-6.4%

JXNVariable annuity — Deferred acquisition costs

$10.7B-4.1%

PFGVariable Annuity — Deferred Policy Acquisition Costs

$394.5M+17.0%

PFGVariable Annuity — Deferred Policy Acquisition Costs Additions

$18.8M-14.5%

AMPVariable Annuity — Amortization of deferred acquisition costs

$27M-3.6%

Questions, answered.

What is Lincoln National's variable annuities — deferrals?

Lincoln National (LNC) reported variable annuities — deferrals of $142M in Q1 2026.

How has Lincoln National's variable annuities — deferrals changed year-over-year?

Lincoln National's variable annuities — deferrals increased by 4.4% year-over-year, from $136M to $142M.

What is the long-term trend for Lincoln National's variable annuities — deferrals?

Over 3 years (2022 to 2025), Lincoln National's variable annuities — deferrals has grown at a 13.4% compound annual growth rate (CAGR), from $391M to $570M.

What does variable annuities — deferrals mean?

This represents the new costs capitalized during the period that are associated with acquiring or inducing the sale of insurance products. These deferrals reflect the immediate cash outlay for growth initiatives that will be expensed in future periods. Tracking this helps investors understand the current level of investment in new business acquisition.