Screener
Lincoln National LNC Present Value of Future Insurance Profits, Net
Discontinued — last reported Q4 '22
Present Value of Future Insurance Profits, Net at other companies
Segments
Other financials
Where this comes from
Reported directly by Lincoln National in its filing.
Tagged under the XBRL concept us-gaap:ValueOfBusinessAcquiredVOBA.
The source filing: Lincoln National’s 10-K/A, filed March 30, 2023.
- Filed
- Mar 30, 2023
- Fiscal year
- FY2022
- Accession
- 0000059558-23-000019
| Line item | For the Years Ended December 31, 2022 | For the Years Ended December 31, 2021 | For the Years Ended December 31, 2020 |
|---|---|---|---|
| Deferrals | 2 | - | 3 |
| Amortization: | |||
| Amortization, excluding unlocking | (75) | (94) | (105) |
| Unlocking | 60 | (7) | (205) |
| Accretion of interest (1) | 23 | 33 | 44 |
| Adjustment related to realized (gains) losses | (2) | (3) | - |
| Adjustment related to unrealized (gains) losses | 629 | 305 | 168 |
| Balance as of end-of-year | $830 | $193 | $247 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Lincoln National's present value of future insurance profits, net?
- Lincoln National (LNC) reported present value of future insurance profits, net of $830M in Q4 2022.
- What is the long-term trend for Lincoln National's present value of future insurance profits, net?
- Over 2 years (2020 to 2022), Lincoln National's present value of future insurance profits, net has grown at a 83.3% compound annual growth rate (CAGR), from $247M to $830M.
Ask your AI about Lincoln National's present value of future insurance profits, net.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude