AM Best Comments on Credit Ratings of Lincoln National Corporation and Its Subsidiaries Following Announced Reinsurance Agreement
Under the terms of the agreement, Lincoln will cede approximately
AM Best notes that the transaction, while sizable, has a modest impact to Lincoln’s overall financial position and risk profile. A portion of the freed-up required capital will be retained to support risk-adjusted capital and minimize the increase in reinsurance leverage. Additionally, the reduction in near-term run-rate earnings is offset largely by earnings from its acquisition of
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.
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